APUSH TERMS

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5 Terms

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Capitalism

An economic system based on private ownership and free exchange.

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Joint-stock company

A limited liability organization in which a plurality of investors pool their money to fun a venture.

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Encomienda System

A colonial labor system in which the Spanish, known as encomenderos, enslaved native people to farm and mine in the Americas.

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Casta Sysstem

Status based on your racial ancestor in the Americas.

<p>Status based on your racial ancestor in the Americas.</p>
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