Exploration - The First Global Age Vocabulary

 

1. Commerce – the buying or selling of goods on a large scale including the transportation (import/export) of those goods

2. Mercantilism – economic system developed as feudalism decayed to unify and increase the power and wealth of a nation by strict government regulations over the entire economy

3. Imperialism – policy used by strong countries to gain social, political and economic control over foregin territories

4. Colonialism – a system where one country extends its control over foreign dependencies especially for economic benefit

5. Columbian exchange – trading of plants, animals, and diseases from explorations and colonization of the new world

 

 
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