Unit Three Vocabulary

Front

Aristocracy

Back

a high-ranking social class, having special privileges and influence

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Bureaucrat

Back

an official in a government office, especially one who follows rules and routines rather than personal judgement

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Capital

Back

money or other wealth owned or used by a business

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Capitalism

Back

an economic system in which the means of production and distribution are privately owned and prices are chiefly determined by open competition in a free market

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Cash Crop

Back

a crop grown for sale to others rather than for personal use

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Chattel Slavery

Back

the ownership of a person as property or chattel

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Colonization

Back

the act or process of forming colonies (territories governed by a distant country, often occupied by citizens of that country)

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Commodity

Back

a raw material that can be bought and sold

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Exploitation

Back

the selfish or unfair using of someone or something for one’s own advantage

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Famine

Back

extreme and widespread shortage of food