Unit 2 - Historical Globalization Flashcards
What is early globalization?
Dates back to when people starting trading.
Theory 2 of globalization has how many stages?
Three
What is the first stage of the second theory of globalization?
Goods and ideas were exchanged along ancient trade routes.
What is the second stage of the second theory of globalization?
Late 1400s known as European Imperialism, also known as historical globalization.
What is the third stage of the second theory of globalization?
(After WW2) Rapid growth of world markets and instant communication.
Define imperialism.
Policy of extending a country’s power by acquiring new territories and establishing control over other countries and peoples.
Define “colony.”
A territory claimed and ruler by another country.
When and who invented the printing press?
mid 1400s. Gutenberg.
Describe the growth of the middle class after the Middle Ages.
- The middle class grows larger and more influential.
- New class wanted to increase wealth.
- Expanding trade helps achieve wealth.
What were the three reasons for European Imperialism?
God: desire to spread Christianity.
Gold: Search for wealth; raw materials, cheap labour, and markets for finished goods.
Glory: sense of adventure, prestige of adding to territory.
What was “The Great Exchange?”
Began with exchange of goods (seeds, fruit trees, livestock) brought by Columbus to the Americas.
This starts a revolution; changes the diets of the peoples of the world, and begins the trade.
Define mercantilism.
Economic policy of European governments strictly controlling trade.
How did mercantilism work?
Raw materials from colony -> Home country for manufacturing -> Back to colonies for sale.
Mercantilism work in ______1_______’s favour, and took advantage of the ______2_____.
- the home country
2. colonies.
What year was the American Revolution?
1776
Why were the colonies dissatisfied with mercantilism?
Laws restricted where people in the colonies purchased goods from, and eliminated competition. They were taken advantage of for their resources and as a market.
What was the impact of capitalism.
Challenged government’s economic control and advocated free trade, competition and choice as routes to economic prosperity.
List three impacts on the movement of people, as a result of historical globalization.
Migration, displacement, and depopulation.
Define migration.
Movement of people from one region to another.
Define displacement.
Involuntarily dispersal of a people especially from their homeland.
Define depopulation.
Reduction in population caused by natural/human made forces.
List some causes of depopulation.
Conflict between indigenous and new settlers. Loss of land. Acculturation. Assimilation. Diseases – no natural immunity. Slavery.
What did people share on the Silk Road?
Knowledge, inventions, religious beliefs, artistic styles, languages, and socials customs as well as goods.
The Silk Road began in ___1___and stretched to ___2____.
- Rome
2. China