World growth since 1800 Flashcards
1
Q
3 Instruments of industrial revolution
A
Technological changes
Organisational changes
Colonisation
2
Q
Change in information exchange speed 1800-1900
A
100x’s the speed
3
Q
How the UK advanced global growth
A
Exportation of machinery and specialists
4
Q
Colonisation boost to growth (3)
A
20/58million square miles colonised and made free trade areas
Reduced piracy
Prevented expropriation
5
Q
Golden era of globalisation
A
1970-1913 high growth and reduced income disparities only ended due to geopolitical division of major powers
6
Q
Change in national disparity 1800-2000
A
4:1 to 50:1