Age of Exploration Vocabulary

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is an economic system based upon the private ownership of resources and production that is driven to make profit

a system in which individual buyers and sellers interact in the marketplace to exchange goods

group of people that make money from trading goods

outposts or settlements ruled by the homeland or Mother Country

a tool of exploration that uses the position of the sun and stars to determine latitude

a Portuguese ship that sat high on the water, which allowed it to sail close to shore

sending goods out to another country to sell

The country from which the settlers of a colony originally came from