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4
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the buying, transporting, and selling of Africans for work in the Americas.
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5
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the shift that occurred as families in northwestern Europe focused on earning wages instead of producing good for household consumption.
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6
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merchants loan materials to rural workers who make products and give back to merchants to sell.
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7
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Ended the Seven Years’ War in Europe
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8
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transformation of large numbers of small peasant farmers into landless rural wage earners.
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9
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organization of artisanal production into trade-based associations, or guilds, each of which received a monopoly over its trade and the right to train apprentices and hire workers.
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11
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belief in free trade and competition based on Adam Smith’s argument that the invisible hand of free competition would benefit all individuals.
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12
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peasants using hand made tools to make supplies to sell.
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13
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Form of serfdom that allowed a planter or rancher to keep his workers or slaves in perpetual debt bondage by periodically advancing food, shelter, and a little money.
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14
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English laws that controlled the impact of goods to Britain and British colonies.
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1
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1723-1790. One of the best known critics of government regulations of trade and industry; a leading figure of the Scottish enlightenment.
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2
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fencing in fields in order to farm more effectively.
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3
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1674-1741. A true son of the early enlightenment, he adopted a critical attitude toward accepted ideas about farming and tried to develop better methods through empirical research.
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4
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period in Europe from the mid-seventeenth through the mid-nineteenth centuries during which great agricultural progress was made and the fallow, or idling of a field to replenish nutrients, was gradually eliminated.
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10
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English navigator who claimed the east coast of Australia (1770) for Britain and discovered several Pacific islands. (1728-1779)
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