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Columbian Exchange
The exchange of plants, animals, diseases, and people between the Americas, Europe, and Africa after 1492
Fur Trade
The trade of animal pelts, especially beaver fur, between European settlers and Native Americans
New Amsterdam / New Netherlands
Dutch colonial settlement and territory in North America, later taken over by the English and renamed New York
New France
French colonial territory in North America focused heavily on the fur trade and relationships with Native Americans
New Spain
Spanish colonial territory in the Americas focused on extracting wealth, spreading Catholicism, and expanding Spanish power
Dutch East India Company
A Dutch trading company that controlled trade and established colonies in Asia
Gold, God, Glory
The three main motivations for European exploration: wealth, spreading Christianity, and gaining power or prestige
Mercantilism
An economic system where colonies supplied raw materials and markets to increase the wealth of the mother country
Triangular Trade
A trade network connecting Europe, Africa, and the Americas involving manufactured goods, enslaved Africans, and raw materials
Transatlantic Slave Trade
The forced transportation of enslaved Africans across the Atlantic to the Americas
Molasses Act
A 1733 British tax on foreign molasses intended to protect British sugar producers in the West Indies
Navigation Acts
British laws restricting colonial trade to benefit Britain's economy
Salutary Neglect
Britain's unofficial policy of loosely enforcing colonial trade laws, allowing colonies greater self-government
Bacon's Rebellion
A 1676 uprising of Virginia settlers against the colonial government over land, Native American policies, and economic grievances
Indentured Servitude
A labor system in which people worked for a set number of years in exchange for passage, food, and shelter
Tobacco
A major cash crop in the Chesapeake colonies that increased demand for plantation labor
Rice
A major Southern cash crop grown on plantations using enslaved labor
Chattel Slavery
A system of bondage in which human beings are legally treated as personal property that can be bought, sold, traded, and inherited.
Middle Passage
The brutal, forced maritime voyage that transported millions of enslaved Africans across the Atlantic Ocean to the Americas as the middle leg of the triangular trade system
First National Bank
A bank established in 1791 under Hamilton's financial plan to manage federal funds and strengthen the national economy
Tariffs
Taxes on imported goods, often used to protect domestic industries from foreign competition
Hamilton's Financial Plan
A plan to strengthen the national economy through federal assumption of state debts, a national bank, and tariffs
Whiskey Rebellion
A 1794 uprising by western farmers protesting a federal tax on whiskey, which the government successfully suppressed
Cottage Industry
A system in which goods were produced by individuals in their homes, often for merchants
Embargo Act (1807)
A law that banned American exports to pressure Britain and France, damaging the American economy
Non-Intercourse Act (1809)
A law that reopened trade with most countries but continued restricting trade with Britain and France
Hartford Convention (1814)
A meeting of New England Federalists who opposed the War of 1812 and discussed constitutional changes
Internal Improvements
Government-funded projects such as roads, canals, and bridges that improved transportation and trade
American System
Henry Clay's economic plan promoting a national bank, protective tariffs, and internal improvements
Henry Clay
A politician who promoted the American System to strengthen the national economy
Protective Tariffs
Atax levied on imported goods by a government to make them more expensive and shield domestic industries from foreign competition
Second National Bank
A federally chartered bank established in 1816 to stabilize the nation's currency and economy
Market Revolution
A period of economic transformation involving expanded markets, new technology, and improved transportation and communication
Erie Canal
A canal completed in 1825 connecting the Great Lakes to the Hudson River, making trade and transportation faster and cheaper
Cotton Gin
An invention by Eli Whitney that quickly separated cotton fibers from seeds, increasing cotton production and demand for enslaved labor
Waltham-Lowell System
A factory system that employed young women in textile mills, providing housing and wages
Telegraph
A communication device that transmitted messages over long distances using electrical signals
Railroads
A transportation system that connected regions, moved goods and people faster, and expanded national markets
Steam Engine
A machine powered by steam that drove transportation and industrial machinery
Steel Plow
A farming tool developed by John Deere that cut through tough Midwestern soil without clogging easily
Power Loom
A machine that mechanized weaving and increased textile production
Infrastructure
Basic systems such as roads, canals, bridges, and railroads that support transportation and economic activity
Sharecropping
A farming system in which tenants worked land in exchange for a share of the crops, often trapping them in debt
Debt Servitude
A system in which a person is forced to work off a loan or obligation through labor where the terms, duration, or value of the work are kept undefined, unfair, or intentionally impossible to pay off
Peonage
A coercive labor system in which workers are forced to pay off real or manufactured debts through continuous, involuntary labor from which they cannot legally or practically escape
Convict Leasing
A system in which prisoners were leased to private businesses for labor, disproportionately exploiting African Americans
Transcontinental Railroad (1869)
The first railroad connecting the eastern and western United States, completed in 1869
Morrill Land-Grant Acts (1862)
Laws granting federal land to states to fund colleges focused on agriculture and mechanical arts
Pacific Railway Act (1862)
A law providing federal land and support for construction of the transcontinental railroad
Homestead Act (1862)
A law granting settlers 160 acres of public land if they lived on and improved it