Medieval History Flashcards
Mercantilism
- Focus on creating a strong country/economy
- More gold = strong economy and global power
- Exporting more than importing
Adam Smith
father of Capitalism wrote an influential book
felt mercantilism didn’t maximize best interest of the individual
- believed that in the end goods cost more than they should
Second industrial revolution
increase in economic productivity during late 1800
New transportation, machinery technology responsible for the rise of living
- technology, electricity, petroleum, steel
progressive era
the rapid economic expansion of 2nd industrial revolution
-purification of the government, modernization, a focus on family and education, prohibition, and women’s suffrage.
Great depression
1930 deep economic depression. overextension on credit.
- economy without real foundation
Keynesian Economic
John Keynes says he promoted a mixed economy of free markets and governmental intervention
Keynes solution- stimulate the economy *cycle of money
globalism
agreement on reducing trade barriers with countries
Supply side economic (reagonomics)
policy focusing on increasing the ability of suppliers to produce lower regulation and taxation
Decline of roman empire split into…
western and eastern
which roman empire fell first
western
How did the eastern fall?
muslims solidified control of turkish region
Decline in rome atributed to to the decline ___
in loyality of army
After the fall of the roman empires what happened
trade and industry declines.. Middle Ages
Dark age occured?
at the first part of the middle age, Not a strong empire
Feudalism in Europe
Social fragmentation, divided class. Kings Nobbles/lord Knights Peasents
Feudalism in Japan
Shoguns- rulers Daimyo, Samurai -warrior class Teacher, doctor, farmer, peasant, merchants - commoners
Christianity in Europe
Gave roman bishop more power, solidified the influence and importance of Christianity in European thinking
Charlemagne (charles the great)
re-united much of western and central europe during a military conquest
-encouraged education and Christianity
Roman catholic church
powerful institution of medieval europe
Church was a form of government
Middle age or____
age of faith
How did islam spread
trade and caliphates
The renaissance occured when?
end of the middle age
an increase in corruption of the roman catholic church caused weakness of __
the holy romen empire, competition of the Italian city-states, growth of new monarchies, decline of feudalism
Renaissance is known as the “rebirth” and renewing interest in___
classical civilization (greece and rome) in art, philosophy, opening trade routes to the middle east
