Chapter 5-6 Flashcards
what theory did Ashutosh Sheshabalya
3 phases of globalization
1st round of globalization
goods and ideas exchanged
2nd round of globalization
new ideals relating to imperism
3rd round globalization
current phase, rapid growth and instant communication
silk road
the early trading network between China and the Mediterranean. Spread goods, ideas, diseases, knowledge
the grand exchange
changed the diet of the world
Silk road
economics
people working there were very wealthy
Silk road
ideas
cultural contact result in culture spread throughout Asia
Mercantilism
strictly controlled trade, used by European Kings and Queesn to become wealthy, trade must favour home country
decline of mercantilism
dissatisfaction, capitalism
imperialism
one country dominates another’s economic, political, and cultural institutions.
old imperialism
centred on Europe’s conquest of ‘New World’ and trade in trade posts.
new imperialism
focused on capitalism and industrial capacity
emphasis on total control of colonial powers
Eurocentrism
belief that values, skills and ability of people of Europe were superior to those else where
displaced
the consequence that Indigenous people were displaced as settlers were encouraged to emigrate to the new area