flash cards
(59 cards)
what happened in 1066
the battle of hastings
what happened in 1492
Italian explorer Christopher Columbus made landfall in what is now the Bahamas
what heppened on 4 july 1776
the Second Continental Congress unanimously adopted the Declaration of Independence
what happened in 1789
a group of Parisian revolutionaries seized the Bastille prison in a dramatic act of protest against King Louis XVI
what happened in 1807
British abolition of slave trade
what happened in 1834
new poor law
what happened in 1854
Japanese ‘seclusion’ ends
what happened in 1868
Meiji Restoration(Japan)
what happened 1914-18
ww1
what happened in 1919
Treaty of Versailles
what happened in 1923
german hyperinflation
what happened 1931
credential collapse
what happened 1939-45
ww11 from British perspective
what happened 1989
fall of the berlin wall
altruism
the belief in or practice of disinterested and selfless
egoism
Egoism is a philosophy concerned with the role of the self, or ego, as the motivation and goal of one’s own action.
moral hazard
lack of incentive to guard against risk where one is protected from its consequences
division of labour
The division of labour is the separation of the tasks in any economic system or organisation so that participants may specialize
economies of scale
in microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation
feudalism
the dominant social system in medieval Europe, in which the nobility held lands from the Crown in exchange for military service, and vassals were in turn tenants of the nobles, while the peasants (villeins or serfs) were obliged to live on their lord’s land and give him homage, labor, and a share of the produce, notionally in exchange for military protection.
seigniorage
profit made by a government by issuing currency, especially the difference between the face value of coins and their production costs.
ealdorman
Ealdorman was a term in Anglo-Saxon England which originally applied to a man of high status, including some of royal birth, whose authority was independent of the king.
thegn
In Anglo-Saxon England, thegns were aristocratic nobility of the second rank, below the ealdormen who governed large areas of England.
ceorl
a freeman of the lowest class, ranking directly below a thane