AP World 4.5
- Capital - Material Wealth
- Price Revolution - high rate of inflation, or general rise in prices in the 16th and 17th century.
- Joint-stock companies - Owned by investors who bought stock or shares in them.
- Limited liability - Investor was not responsible for a company’s debts or other liabilities beyond the amount of an investment.
- British East India Company & Dutch East India Company - 17th century Joint-Stock companies
- Triangular trade - Three segments of trade. Europeans goods travel to West Africa, then enslaved Africans go to the Americas, finally sugar and tobacco travels to Europe.
- Asians exhanged silks, porcelain, and steel products for silver
- Monopolies - granted merchants or the government the exclusive right to trade
- The Dahomey and Oyo - conducted slave raids and became richer from selling their captives to Europeans.
- Intergroup warfare became more common and bloodier as a result of the slave trade
- Most slaves came from Ghana and Benin
- Polygyny - Having more than one wife
- American crops were Manioc (cassava/yucca), maize, peanuts; became African Staples
- Spanish and Portuguese erased the basic social structures and many cultural traditions of the indigenous Americans.
- Viceroys - Administrators and representatives of the Spanish crown.
- Audiencias - Royal courts
- Bernardino de Sahagún compiled the Florentine Codex, a source of Aztec life before conquest.
- Syncretism - the combining of different relgious beliefs and practices
- Santeria - way of the saints. African Faith in Cuba
- Vodun - means “spirit” or “deity”. Originated with African peoples of Dahomey, Kongo, and Yoruba enslaved in Haiti.
- Candomblé - “dance to honor the gods”. Combination of Yoruba, Fon, and Bantu belief from different parts of Africa. Developed in Brazil.
- Virgin of Guadalupe - Revered in Mexico for her ability to perform miracles