Chapter 24: The West and the World Flashcards
Imperialism/Migration
Industrialization and the World Economy
What were some of the global consequences of European industrialization between 1815-1914?
Regions that industrialized (Europe + NA) usually used their superior military power to open non-industrialized parts to gain economic advantage.
Two Schools of Thought Regarding Industrialization
- The West used science, technology, capitalist organization, and its rational worldview to create massive wealth, and then used that wealth and power to its advantage.
- The West used its political and economic power to steal much of the world’s riches.
How did Britain show its economic prowess?
Cotton textiles (export):
By 1820 Britain was exporting 50% of its production. Europe bought 50%of these cotton textile exports, while India bought only 6%.
By 1850 India bought 25% and Europe 16% of a much larger volume of production.
India could not raise tariffs to protect its ancient textile industry, which collapsed, leaving thousands of Indian weavers unemployed.
???(import):
Repeal of Corn Laws in 1846 to WWI in 1914, Britain remained the world’s largest trader of agricultural prodcts, raw materials, and manufactured goods. Britain’s market stimulated the development of mines + plantations.
What technological advantages facilitated international trade?
Communications: transoceanic telegraph cables 1880s
Travel: Steam power, sails, railroads, Suez (1869) and Panama Canals (1914). Time needed to cross the Atlantic dropped from 3 weeks (1870) to 10 days (1900)
Reduced transport costs,
Neo-Europes
Settler colonies with established populations of Europeans (NA, Australia, New Zealand, Latin America) where Europe found outlets for population growth.
Investment resulted in the construction of railroads thus developing sources of cheap food and raw materials.
Coined by historian Alfred Crosby (contemporary/secondary souce)
Opium War 1
For years China had exported more to Europe more than it had received. Trade was regulated by the Qing or Manchu dynasty who required all foreign merchants to live in the southern port of Guangzhou and to buy + sell only to licensed Chinese merchants. In an attempt to break into the Chinese trade, Britain started exorting Opium from India. By 1836, British merchants in Canton demanded the creation of an independent British colony in in CHina where they had “safe and unrestricted” trade Lin Zexu, imperial comissioner, went t Guagzhou to halt illegal importation of Opium. In just months he made a big dent, but Britain invaded China forcing them to make one-sided trade agreements.
Guangzhou=Canton
Treaty of Nanking 1842
- Cede island of Hong Kon to Britain forever
- Pay $100 million indemnity
- Open 4 large cities to unlimited foreign trade w/ low tariffs
Opium War 2
General Napoleon Bonaparte
gunboat diplomacy
The use or threat of military force to coerce a government into economic or political agreements.
Muhammad Ali
Napoleon
General Napoleon Bonaparte occupied Egypt for 3 yrs.
Muhammad Ali (1805)
Cause: An albanian-born, turkish-speaking general that built a large army, reformed bureocracy, cultivated new lands, and improved communication methods.
Effect: attracted Europeans (port of Alexandria: 50 thousand Europeans 1864)
Ali’s Army
Drafted the illiterate peasants
Hired French + Italian army officers to train both raw recruits and Turkish officers in modern military methods.
How did Ali pay for his projects?
Commercial vs export agriculture
Cause: To pay for this, he encouraged the development of commercial agriculture.
Effect: peasants were poor but self sufficient since they could grow their own food.
Then, faced with the opportunity of export agriculture, high ranking officials and Ali’s family (new landlords) began carving up private landholdings and forcing the peasants to farm cash crops (cotton + rice).