Exam 3: Industrial States Flashcards
What are the two main factors that led to the industrialization of states?
Domestication of plants and Trade
How was trade a proponent to the industrialization of states?
As societies became more in contact with each other, a sense of “global unity” emerged and societies had to become more industrialized to accomodate this sense of interconnectedness.
What are nation states?
Political communities separated by clearly defined territorial borders.
Industrialization
The adaptation of a mechanized means of production to transform raw materials into manufactured goods.
Modernization
The direct consequence of industrialization. The economic, social, political and religious changes related to modern industrial and technological change.
When did the industrial revolution happen in Britain?
Late 1700’s-1800’s
what were the two new main sources of power production introduced with the industrial revolution?
Steam and Fossil fuel
Explain the demographic transition that occurred with the industrial rev. and what it meant towards families?
listen to notes
Urbanization
Urbanization is the physical growth of urban areas as a result of rural migration and even suburban concentration into cities, particularly the very large ones.
Explain the idea of “the global economy”.
this idea addressed that each persons individual actions effected the whole global economy as a whole.
Market economy
A pattern of economic exchange based on the value of goods and services that is determined by supply and demand.
explain the division of labor that is seen in industrial states in cheifdoms?
Primary sector [extraction of raw materials]
Secondary sector [factories that process the raw materials]
Tertiary sector [service sector; how the goods get to the people]
What are the two main economic systems present in industrial states?
Capitalism and Socialism
Capitalism
Natural resources and factors of distribution are controlled and owned privately.
Companies are free to maximize profits.
Free competition
Socialism
The state owns the basic means of production.
The state is representative of the people.