Colonialism & resource capitalism Flashcards
Pre-IR: 2 major European trade centers
Venice & Genoa
Which ‘ism’ were the high middle ages characterized by?
Manoralism
Which Treaties separated Spain/Portugal
Tordesillas (Americas)
Zaragoza (Asia)
What were the first MNCs?
The East India Companies
4 Key innovations of mercantilism
- Finance & banking
- Shipbuilding & navigation
- Naval Ordinance
- Communication
What change in political structure was the outcome of mercantilism?
feudal states to nation states
3 Drivers of 19thC trade boom
- Free Trade
- IR
- Transport & communication innovation
What are the 2 major waves of colonialism
16th-19thC
19th-early 20thC
What are the 4 economic roles of colonies?
-New Resources & revenue
-New markets
-New investment opportunities
-‘Safety value’ for excess population
5 consequences of colonialism
-Impacts on indigenous peoples
-Economic ‘centering’ on primary products
-Dual societies
-Urbanization
-Transplanted nation state
3 outcomes of 19thC trade boom
-Economic growth
-Market integration
-Income divergence