Match the following terms with their correct meanings.

• Archipelago

• A) A system of money

• Agrarian

• C) A chain of islands

• Diminution

• D) Reduction in quantity

• Monetary system

• B) Relying chiefly on agriculture and farming

During the Age of Exploration, Europe began the process of changing from an (a)   society to a new kind of economy that relied on manufacturing.

• agrarian
• industrial
• nomadic
• technological

What is a 'monetary economy'?

• A system of money

• A system of trade for goods and services that uses money rather than barter

• The rebellion of a ship’s crew

• An imagined river passage

Fill in the blank: In the new monetary economy, people paid for goods and services using ______ instead of other goods.

• money

• food

• labor

• land

'Currency' refers to (a)   .

• A chain of islands
• A system of money
• Reduction in quantity
• The rebellion of a ship’s crew

Fill in the blank: U.S. currency includes dollars, quarters, dimes, nickels, and ______.

• pennies

• euros

• yen

• rupees

What is the 'Northwest Passage'?

• A) A system of money

• B) An imagined river passage through North America that Europeans believed would make travel between Europe and Asia faster and more efficient

• C) Reduction in quantity

• D) A chain of islands

Fill in the blank: Without a Northwest Passage through North America, Europeans could only sail to Asia by going east across the Indian Ocean or west through the ______.

• Strait of Magellan

• Suez Canal

• Panama Canal

• Cape of Good Hope

What does 'depletion' mean?

• A) A system of money

• B) Reduction in quantity

• C) A chain of islands

• D) The rebellion of a ship’s crew

Exports of furs to Europe led to a depletion of Native Americans’ (a)   resources.

• natural
• financial
• technological
• cultural