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Key Terms
Mercantilism
An economic theory where colonies exist to enrich the _____ country by providing raw materials and markets for finished goods.
Joint-stock companies
Early forms of business where investors _____ their money to fund large colonial ventures, hoping for a return.
Encomienda System
A Spanish labor system that forced Native Americans to work on colonial _____ and mines.
Indentured Servitude
A labor system where individuals worked for a set number of _____ to pay for their passage to the Americas.
Puritans
A religious group who founded the New England colonies, seeking religious _____ and to create a 'city upon a hill'.
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