Columbus Exchange - AP World History 9

Columbian Exchange

The exchange of plants, animals, diseases, and technologies between the Americas and the rest of the world following Columbus's voyages.

Commercial Exchange

exchanges or transactions in which prices are subject to supply and demand, whether or not the transactions actually occur within a marketplace

Joint-Stock-Company

A business, often backed by a government charter, that sold shares to individuals to raise money for its trading enterprises and to spread the risks (and profits) among many investors.

Mercantilism

An economic policy under which nations sought to increase their wealth and power by obtaining large amounts of gold and silver and by selling more goods than they bought

Encomienda System

The encomineda system was a Spanish practice that was used in Spain's American colonies and in the Philippines. Spanish settlers were granted tracts of land and were permitted to use the native people already living on that land as indentured servants.

Trans-Atlantic Slave Trade

A trading system in which goods and humans moved between the colonies, Africa and England. Provided labor on colonial plantations.

Middle Passage

A voyage that brought enslaved Africans across the Atlantic Ocean to North America and the West Indies

Triangular Trade

A three way system of trade during 1600-1800s Africa sent slaves to America, America sent Raw Materials to Europe, and Europe sent Guns and Rum to Africa

Mulatto

The term used in Spanish and Portuguese colonies to describe someone of mixed African and European descent.