The First Globalisation Flashcards
What is globalisation?
Globalisation is defined as a process in which the frequency of transactions between people located in different parts of the world increase
When was the First Opium War?
1839-42
When do we treat as the period of the second globalisation?
1850 - present
Who created H4, a navigation device used by the Royal Navy since 1825?
John Harrison
Who believed it was the expanding needs of the bourgeoisie that resulted in globalisation?
Marx & Engels, 1848
What did Adam Smith say limited the division of labour?
The extent of the market.
This was built upon by Marx & Engels as they hypothesised the need for ever expanding markets for the bourgeoisie.
Which mode of transport has lowest costs per ton mile?
Ships (hence containerisation)
What is the social division of labour?
The specialisation of work into distinct occupations (tailor, carpenter)
What is the gender division of labour?
The specialisation of work between girls and boys
What is the detailed division of labour?
The splitting of a job into its smallest components
Who was Vasco de Gama?
A 15th century explorer who led an expedition from Portugal to India, establishing a trade route
Who was Ferdinand Magellan?
A 15th century Portuguese man who (partly) circumnavigated the world
