World growth since 1800 Flashcards

1
Q

3 Instruments of industrial revolution

A

Technological changes
Organisational changes
Colonisation

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2
Q

Change in information exchange speed 1800-1900

A

100x’s the speed

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3
Q

How the UK advanced global growth

A

Exportation of machinery and specialists

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4
Q

Colonisation boost to growth (3)

A

20/58million square miles colonised and made free trade areas
Reduced piracy
Prevented expropriation

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5
Q

Golden era of globalisation

A

1970-1913 high growth and reduced income disparities only ended due to geopolitical division of major powers

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6
Q

Change in national disparity 1800-2000

A

4:1 to 50:1

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