AP World History - 4.5 Key Terms
Dahomey
West African kingdom that became strong through its rulers' exploitation of the slave trade.
Syncretism
a blending of beliefs and practices from different religions into one faith
Join-Stock Companies
a company whose stock is owned jointly by the shareholders.
Polygyny
having more than one wife at a time
Price Revolution
period in European history when inflation rose rapidly
Viceroys
representatives of the Spanish monarch in Spain's colonial empire
Capital
the account used to summarize the owner's equity in a business
Oyo
yoruban city-state; had a king who used nobles in provinces. secret society of Ogboni checked the king's power
Commercial Revolution
A dramatic change in the economy of Europe at the end of the Middle Ages. It is characterized by an increase in towns and trade, the use of banks and credit, and the establishment of guilds to regulate quality and price.
Limited Liability
A form of business ownership in which the owners are liable only up to the amount of their individual investments.
Monopoly
A market in which there are many buyers but only one seller.
Triangular Trade
A three way system of trade during 1600-1800s Africa sent slaves to America, America sent Raw Materials to Europe, and Europe sent Guns and Rum to Africa
Vodun
African religious ideas and practices among descendants of African slaves in Haiti.
Candomble
African religious ideas and practices in Brazil, particularly among the Yoruba people.
East India Company
An English company formed in 1600 to develop trade with the new British colonies in India and southeastern Asia.
Virgin of Guadalupe
Apparition of the Virgin Mary that has become a symbol of Mexican nationalism.
Audiencias
Courts appointed by the king who reviewed the administration of viceroys serving Spanish colonies in America.
Santeria
Cuban religion that combines Catholic and West African beliefs
Creoles
Descendents of Spanish-born but born in Latin America; resented inferior social, political, economic status.
Dutch East India Company
Government-chartered joint-stock company that controlled the spice trade in the East Indies.
