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 (D)</p> Signup and view all the answers

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

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

What best describes the principle of mercantilism?

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

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

<p>Indirect rule (A)</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 (D)</p> Signup and view all the answers

What is the main focus of socialism?

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

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

<p>Arms race (D)</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 (C)</p> Signup and view all the answers

Which of the following best defines imperialism?

<p>A country asserting control over other regions for influence (A)</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 (B)</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. (D)</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. (C)</p> Signup and view all the answers

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

<p>To increase production efficiency. (B)</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. (B)</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. (A)</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 (C)</p> Signup and view all the answers

Which factor is a component of the factors of production?

<p>Entrepreneurship (A)</p> Signup and view all the answers

What best characterizes laissez-faire economics?

<p>Minimal government involvement in business (B)</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 (C)</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 (B)</p> Signup and view all the answers

Which term defines the process of cultural blending among societies?

<p>Assimilation (A)</p> Signup and view all the answers

What does the term 'macro band' refer to?

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

What does an empire consist of?

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

Flashcards

Kin group

A group of related people, whether by blood, marriage, or adoption.

Fascism

A form of government where one leader or party has absolute control, suppressing individual freedoms.

Mercantilism

The belief that a country should sell more goods than it buys to increase its wealth and power.

Assimilation

The process of blending cultures together, often through the dominance of one culture over another.

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Arms race

Competition between nations or groups to build up their military capabilities.

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Imperialism

The practice of one country taking control of another country's land or resources for political or economic gain.

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Laissez-faire economics

A system of government where the government has minimal involvement in the economy, allowing businesses to operate with little regulation.

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Colony

A territory or land controlled by a foreign power.

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Urbanization caused by Industrialization

The movement of people from rural areas to cities, often driven by job opportunities created by industrialization.

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Columbian Exchange

The exchange of goods, ideas, and diseases between Europe, the Americas, and Africa following Columbus's voyages.

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Triangle Trade

A system of trade involving Europe, Africa, and the Americas, where enslaved Africans were transported to the Americas to work on plantations, producing goods that were shipped back to Europe.

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Mass production of goods

The use of machines and new technologies to produce goods in large quantities, leading to increased efficiency and economic growth.

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Unions

Organized groups of workers who advocate for better working conditions, wages, and job security.

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Industrial Revolution

A period of rapid technological advancement and industrial growth, marked by the development of new machines, factories, and energy sources, such as steam power.

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Urbanization

The movement of people from rural areas to urban centers, often driven by job opportunities created by industrialization.

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Empire

A group of countries or regions ruled by one powerful leader or government.

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Treaty of Versailles

A peace treaty signed on June 28, 1919, that officially ended World War I between Germany and the Allied Powers.

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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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