Economy
Terms : Hide Images
| 185046304 | Merchants | a person whose business is buying and selling goods. | 1 | |
| 185046305 | Manufacturing | The process of making a raw material into a finished product; especially in large quantities. | 2 | |
| 185046306 | Slave Labor | holding a person in bondage to force them to work; an act practiced by Africans and Native Americans. | 3 | |
| 185046307 | Manorialism | An economic system based on the manor and lands including a village and surrounding acreage which were administered by a lord. It developed during the Middle Ages to increase agricultural production. | 4 | |
| 185046308 | Feudalism | A political system in which nobles are granted the use of lands that legally belong to their king, in exchange for their loyalty, military service, and protection of the people who live on the land | 5 | |
| 185046309 | Serfdom | The system of agricultural labor popular in eastern Europe in which peasants had no rights or freedoms and were bound to the land. | 6 | |
| 185046310 | Encomienda System | system in Spanish America that gave settlers the right to tax local Indians or to demand their labor in exchange for protecting them and teaching them skills. | 7 |
