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Vocabulary flashcards for key terms related to the Age of Exploration.
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monopoly
The exclusive possession or control of the supply or trade in a commodity or service.
caravel
A small, fast Spanish or Portuguese sailing ship of the 15th–17th centuries.
astrolabe
An ancient tool used by astronomers and sailors to measure the altitude of stars.
compass
An instrument containing a magnetized pointer that shows the direction of magnetic north.
cartography
The science or practice of drawing maps.
circumnavigate
To sail or travel all the way around something, especially the world.
encomienda
A system where Spanish colonists were granted land and could demand labor from Indigenous people.
bullion
Gold or silver in the form of bars or ingots.
Columbian Exchange
The widespread transfer of plants, animals, culture, human populations, technology, and ideas between the Americas and the Old World.
immunity
The ability of an organism to resist infection or illness.
mercantilism
An economic theory that emphasizes the role of the state in managing international trade and accumulating wealth.
colonization
The act of establishing a colony in a territory.
capitalism
An economic system characterized by private ownership of production and operations for profit.
inflation
The rate at which the general level of prices for goods and services rises.
cottage industry
A manufacturing activity carried out in the home, often involving artisans.