Quiz: Vocab. 16.5 & 16.7

Exchange of people, plants, and animals, and ideas between the Eastern Hemisphere and Western Hemisphere.

• Transatlantic Trade
• Silk Road Exchange
• Globalization Movement
• Columbian Exchange

economic policy in which a nation gains strength by controlling its trade, agriculture, industry, and money.

• Feudalism
• Socialism
• Mercantilism
• Capitalism

economy based on the private ownership of property and the use of property to compete for profits or gains in a market.

• Barter System
• Feudalism
• Capitalism
• Socialism

general increase in prices.

• Inflation
• Recession
• Stagnation
• Deflation

business that uses people who work at home with their own equipment.

• Office-based business
• cottage industry

• Freelance contractor
• Traditional retail business

economy in which people make economic decisions based on their customs and habits.

• Planned economy
• Market economy
• Mixed economy
• Traditional economy

economy in which individual consumers and producers make all economic decisions

• Command economy
• Traditional economy
• Market economy
• Planned economy

colonial trade routes among Europe and its colonies, the West Indies, and Africa in which goods were exchanged for slaves

• Transatlantic Exchange
• Mercantilism
• Slave Trade Network
• Triangular Trade

the leg of the triangular trade route on which slaves were transported from Africa to the Americas.

• Transatlantic Route
• Middle Passage
• African Trade Network
• Caribbean Passage

revolt especially of soldiers or sailors against their officers.

• insurrection
• mutiny
• uprising
• rebellion