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Unit 2: How Trade and Travel Changed the World

Lesson A: Costs and Benefits of Trade

Key Terms

Key Term Definition
bubonic plague plague that struck Europe and other areas in the Middle Ages, killing at least 30% of the population
consumer an individual or group who uses resources, goods, and services to satisfy economic wants
interregional trade trade between different regions or areas
land-based empires empires with their power base on land
merchant person selling goods to others
monarch ruler such as a king or queen
rural relating to people who live in the country; farming and agriculture
trade to exchange, purchase, or sell resources, goods, or services
urban relating to people who live in a city or town; densely populated area


Directions: Practice using these key terms.


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