APUSH 1.2 Vocab Terms

Mercantilism

A state-assisted manufacturing and trading system that created and maintained markets, providing a steady supply of consumers and laborers, stimulating economic expansion, and increasing English wealth.

Joint-stock company

Ancestors of modern corporations, initial instruments of colonization, characterized by government monopolies, shared profits, and managed risks, attracting and managing vast capital necessary for colonization.

Privateer

A sailor engaged in state-sponsored piracy, plundering Spanish ships and towns in the Americas.

Northwest Passage

A mythical waterway believed by the French to cross through the Americas to Asia.

Columbian Exchange

The transfer of goods, livestock, food, ideas, people, and diseases between the Old World and the New World during the 16th and 16th centuries.

Roanoke

A British attempt at a permanent settlement in the Americas, located on Roanoke Island, North Carolina.

Métis

The offspring of Native American women and French men.