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35 Cards in this Set
- Front
- Back
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Colonialism
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The political, social, economic, and cultural domination of a territory and it people by a foreign power for an extended period of time.
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When did Modern colonialism begins?
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1492 with the ‘Age of Discovery
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British Colonialism (1)
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1) Peaked in 1914
2) Controlled 1/5 of the world’s land and ¼ of the population |
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white man’s burden
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Paternalistic and racist doctrine arguing that people in the empire were unable to govern themselves
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Mission civilisatrice
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implant French culture, language, and Roman Catholicism throughout the colonies
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Indirect rule
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governing through native leaders and established political structures
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Direct rule
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the imposition of new governmental structures to control societies (often formerly state-less)
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British vs French colonialism
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British colonialism was driven by profit
vs French colonialism was spurred by the state, church, and armed forces. |
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Corporation
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a legal entity having a legal personality distinct from those of its members.
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Dutch East India Company (4)
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1) 1st multi-national corporation
2) Founded in 1602 to have exclusive trade monopoly with Asia 3) Had ability to wage war, make treaties, and coin money 4) Dissolved in 1800. Paid 18% dividends |
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Post colonial (2nd half of the 20th century)
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the study of the interactions between European nations and the societies they colonized.
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3 types of postcolonies
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1) settler
2) non-settler 3) mixed |
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Settler
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large number of Europeans and fewer natives (Canada)
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Non-settler
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substantial native populations w/ few Europeans (India)
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Mixed
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relatively equal populations (South Africa)
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Economic Liberalism (Neoliberalism)
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Open international trade and investment. Very little regulation. Tariff and barrier free.
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First world refers to
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the democratic West
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Second world refers to
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communist nations
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third world refers to
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developing nations (often post colonies)
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modern world system
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economic and political interdependence
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capitalist world economy
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a profit oriented global economy based on production for sale
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Capital
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wealth or resources invested with the intent of producing a profit.
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Wallerstein's World System Theory
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Identifiable social system, based on wealth and power differentials, extends beyond individual countries
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5 Characteristics of the World System
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1. Access to a large quantity of raw materials.
2. Cheap labor 3. Large profits from direct capital investments 4. Markets for exports 5. Skilled labor acquisition to the core from periphery nations |
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Core:
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dominant position in the world system and includes the strongest and most powerful nations.
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Semi-periphery (2)
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- position intermediate between core and periphery
- but lack the power and economic dominance of core nations. |
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Periphery
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Produces raw materials, agricultural goods, and human labor for export to the core and semi-periphery.
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Socioeconomic Effects of Industrialization (2)
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- Led to a population boom which fueled consumption
- English national income tripled between 1700-1815. |
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Bourgeoisie
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owners of the factories, mines, large farms, and other means of production.
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Working Class
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made up of people who had to sell their labor to survive
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Productivity dominance
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a country can produce a greater quantity at a cheaper price than other countries
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Trade dominance
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favorable balance of trade
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Financial dominance
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More money coming in than going out. Allows the nations financial institutions to gain control over the world’s resources
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Syncretism
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blending of indigenous and foreign traits to form a new system
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Revitalization
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radical cultural reform in response to collective social disruption and despair
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