Economics and Imperialism Overview
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Questions and Answers

What was a major outcome of the Industrial Revolution related to employment?

  • Increase in self-sustaining farms
  • Widespread unemployment in cities
  • Creation of factory jobs (correct)
  • Decrease in agricultural jobs

    • Which of the following was NOT a part of the Columbian Exchange?

  • Cultural exchange
  • Diseases
  • New foods
  • Steam engines (correct)

    • How did the Triangle Trade primarily impact Africa?

  • Economic prosperity
  • Increased food production
  • Rise in slave population (correct)
  • Cultural enrichment

    • What was one significant consequence of urbanization during the Industrial Revolution?

    <p>Increased city living challenges</p> Signup and view all the answers

    Which advancement significantly contributed to increased production efficiency during the Industrial Revolution?

    <p>Development of steam power</p> Signup and view all the answers

    What best describes the principle of mercantilism?

    <p>Selling more goods than buying</p> Signup and view all the answers

    Which form of colonial governance uses local leaders to manage a colony?

    <p>Indirect rule</p> Signup and view all the answers

    What was a primary outcome of the Berlin Conference of 1884-85?

    <p>Dividing Africa among European powers</p> Signup and view all the answers

    What is the main focus of socialism?

    <p>Equal wealth distribution</p> Signup and view all the answers

    Which term describes a competition to enhance military capabilities between nations?

    <p>Arms race</p> Signup and view all the answers

    What is the purpose of peacekeeping forces sent by the United Nations?

    <p>To stop fighting and maintain peace</p> Signup and view all the answers

    Which of the following best defines imperialism?

    <p>A country asserting control over other regions for influence</p> Signup and view all the answers

    What does the term 'kin group' refer to?

    <p>A collective of related individuals by blood or marriage</p> Signup and view all the answers

    What was a significant effect of the Second Agricultural Revolution on society?

    <p>It stimulated technological advancements in farming.</p> Signup and view all the answers

    Which statement accurately reflects a consequence of the Triangle Trade?

    <p>It facilitated the movement of enslaved individuals from Africa to America.</p> Signup and view all the answers

    What was a primary role of factories during the Industrial Revolution?

    <p>To increase production efficiency.</p> Signup and view all the answers

    How did urbanization primarily influence social dynamics in cities?

    <p>It resulted in significant changes in social structures.</p> Signup and view all the answers

    What was a direct result of technological advancements during the Industrial Revolution?

    <p>An increase in the variety of manufactured goods.</p> Signup and view all the answers

    What does direct rule imply in the context of colonial governance?

    <p>A colony is ruled entirely by a foreign power</p> Signup and view all the answers

    Which factor is a component of the factors of production?

    <p>Entrepreneurship</p> Signup and view all the answers

    What best characterizes laissez-faire economics?

    <p>Minimal government involvement in business</p> Signup and view all the answers

    Which of the following statements accurately describes socialism?

    <p>A political system where all wealth is evenly distributed</p> Signup and view all the answers

    What is the primary purpose of the Berlin Conference held in 1884-85?

    <p>To divide Africa among European powers without conflict</p> Signup and view all the answers

    Which term defines the process of cultural blending among societies?

    <p>Assimilation</p> Signup and view all the answers

    What does the term 'macro band' refer to?

    <p>Broad patterns that shape societies</p> Signup and view all the answers

    What does an empire consist of?

    <p>Countries governed by one powerful leader or entity</p> Signup and view all the answers

    Study Notes

    Factors of Production

    • Land, labor, capital, entrepreneurship

    Laissez Faire Economics

    • Minimal government involvement in business

    Berlin Conference (1884-1885)

    • European powers divided Africa amongst themselves without conflict

    Colony

    • Land controlled by a foreign country

    Direct Rule

    • Colony ruled entirely by a foreign power

    Indirect Rule

    • Colony governed using local leaders under foreign supervision

    Mercantilism

    • Selling more goods than buying

    Kin Group

    • Group related by blood, marriage, or adoption

    Socialism

    • Equal wealth distribution

    Imperialism

    • A country takes control of other lands or nations to gain power, resources, or influence

    Assimilation

    • Process of cultural blending

    Macro Band

    • Broad patterns or large-scale structures (economic systems, cultural trends, or political ideologies) shaping societies

    Seasonal Round

    • Traditional movement and resource use by indigenous peoples based on resource availability

    Berlin Conference (1884-1885) Continued

    • European powers met to divide Africa into colonies
    • Involved countries: United Kingdom, France, Germany, Austria, Belgium, Denmark, Spain, the United States of America, Italy, the Netherlands, Portugal, Russia, Sweden-Norway, and Turkey (Ottoman Empire)

    Treaty of Versailles (June 28, 1919)

    • Peace treaty ending World War I between Germany and the Allied Powers

    Fascism

    • Government where one leader or group holds all power; people have little freedom

    United Nations

    • International organization created in 1945 to promote peace, security, and cooperation

    General Assembly

    • UN body that includes all countries and focuses on broad global issues

    Security Council

    • UN body with fewer members but more power, especially in enforcing international law and handling conflicts

    Peacekeeping

    • People from different countries are sent to stop fighting and help keep peace in war-torn areas; protect civilians, follow peace agreements

    Industrialization

    • Urbanization
    • New jobs
    • Increased production
    • Technology advancements

    Second Agricultural Revolution

    • Improved farming techniques
    • New crops
    • Increased food availability

    Columbian Exchange

    • New foods
    • Animals
    • Diseases
    • Cultural exchange
    • Global trade
    • Triangle Trade (Europe/Africa/Americas)

    Urbanization

    • Overpopulation
    • City living
    • Social changes

    Mass Production of Goods

    • Increased efficiency
    • Economic growth
    • Product variety

    Factories (Industrial Revolution)

    • Efficiency
    • Labor
    • Environmental impact

    Steam Power

    • Energy innovation
    • Industrial revolution
    • Urbanization

    Labor Unions

    • Improved working conditions
    • Strikes and protests
    • Job security
    • Labour rights

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    Test your knowledge on key concepts in economics and imperialism, including factors of production, laissez-faire economics, and the Berlin Conference. Explore how these concepts interlink with social structures and cultural changes. Get ready to enhance your understanding of these essential subjects!

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