Chapter 12
Terms : Hide Images
| 261350164 | free market economy | an econcomic system in which means of production are largely privately owned and there is little or no government control over the markets | 0 | |
| 261350165 | supply and demand | in economies, the relationship between the aount of commodity that producers are able and willing to sell (supply) and quantity that consumers can afford and wish to buy (demand). | 1 | |
| 261350166 | sahel | "shore" -- the nothern and soutnern edges of the Sahara Desert. A semi-arid region of Africa, extending from Senegal easward to Sudan. | 2 | |
| 261350167 | lateen | a triangular sail affixed to a long ard or cross bar at an angle of about 45 degrees to the mast, with the other free corner secured near the stern. THe sail was capable of taking the wind on either side. | 3 | |
| 261350168 | yurts | a portable dwelling used by the nomadic people of central Asia, consisting of a tent like structure of skin, felt, or hand woven textiles arranged over wooden poles, simplu furnished with brightly colored rugs. | 4 | |
| 261350169 | humanism | a tern applied to the intellectual movement initiated in wester europe in the 14th century by such men as petrarch and bocaccio and deriing from rediscover and study of classical, (latin) literary texts. | 5 | |
| 261350170 | capitalism | idk; tba | 6 | |
| 261350171 | mercantilism | idk; tba | 7 | |
| 261350172 | laissez-faire | let the people be | 8 | |
| 261350173 | monopoly | one company is in control over the rest. | 9 |
