Triangular Trade Route & Columbian Exchange Vocabulary

​The trade of raw materials from the Americas to Europe, manufactured goods from Europe to Africa and slaves from Africa to the Americas

• Columbian Exchange

• capitalism

• Triangular Trade

• joint-stock company

When a nation increases its wealth by selling more goods than it buys

• mercantilism

• capitalism

• joint-stock company

• favorable balance of trade

Unprocessed natural resources such as wood, cotton, food crops, and metals

• raw materials

• manufactured goods

• cash crops

• capitalism

​Investors buy small shares in a company and combine their wealth to make a profit and share it

• capitalism

• joint-stock company

• mercantilism

• Middle Passage

​Raw materials processed into useful items, like clothing made from cotton or furniture made from wood

• capitalism

• raw materials

• favorable balance of trade

• manufactured goods

An economic system based on private ownership and the investment of resources -such as money, for profit - governments are not the only owners of great wealth

• capitalism

• mercantilism

• socialism

• favorable balance of trade

Crops grown on large farms in large amounts meant for trade, such as tobacco, sugar cane

• favorable balance of trade

• raw materials

• cash crops

• seasonal crops

The transfer of plants, animals, diseases and people between the Americas and Asia, Africa and Europe

• Triangular Trade Route

• Columbian Exchange

• Middle Passage

• joint-stock company

An economic practice of European colonial powers that used colonies for the benefit of the mother country - it held the theory that a country’s power depended upon its wealth

• mercantilism

• cash crops

• capitalism

• Columbian Exchange

​The trip slaves were forced to take from Africa to the Americas on Triangular Trade Route. Conditions were not good and many died.

• mercantilism

• Final Passage

• Middle Passage

• capitalism