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44 Cards in this Set

  • Front
  • Back
Adam Smith
Proff. U of Glascow.

The wealth of Nations

"economic liberty guarantees economic progress"

believed in 'laissez faire'
Agricultural revolution
massive increase in agricultural productivity and net output. This in turn supported unprecedented population growth, freeing up a significant percentage of the workforce, and thereby helped drive the Industrial Revolution. How this came about is not entirely clear. In recent decades, enclosure, mechanization, four-field crop rotation, and selective breeding have been highlighted as primary causes, with credit given to relatively few individuals.
Berlin Conference
1884-1885
14 European countries met and laid down the rules to the division of Africa

agreed that any european country could claim land in africa by notifying other nations of their claim and showing that they could control the area.

gave no thought on how African ethnic or religious groups were divided.
Division of labor
rich force poor to work for them in exchange for meager wages.

most people work a lot and all money goes to rich who work very little.
Enclosure
large fields where landowners experimented with new farming methods to boost crop yield.

results:

1. new farming methods developed
2. large landowners forced farmers to become tenant farmers or give up farming or move to city.
Francis Cabot Lowell
in 1813 he and 4 investors revolutionized american textile industry.

mechanized every stage of cloth manufacturing.
had weaving factory in Waltham, mass. partners named town after him post death.
Karl Marx
german journalist.
wrote The Communist Manifesto
communism: total socialism, where all means of production(land, mines, factories, railroads, business) were owned by the people. everything shared equally.
Moses Brown
built first factory in US to house Samual Slater's spinning machine. (Pawtucket, Rhode Island)1790
Muslim League
Indian Nationalist group
founded 1906
Nationalism
the policy or doctrine of asserting the interests of one's own nation, viewed as separate from the interests of other nations or the common interests of all nations.
Raj
British rule over India(1757-1947)
Samuel Slater
1789, a young British mill worker who immigrated to US with partial design of spinning machine
Seed Drill
Jethro Tull's invention.
Problem: many seeds failed to germinate when farmers scattered seeds over soil.

Solution: A device that Allowed farmers to plant seeds in well spaced rows at specific depths. More seeds germinated therefore crops yield increased.
Sepoy Mutiny
1857 uprising of Indian soldiers.
after soldiers myth that new rifle cartridges were sealed with beef and pork fat(soldiers needed to bite off seal to use cartridges).
Social Darwinism
natural selection :

Best company makes profits and inefficient ones go bankrupt.
Fittest enjoyed success while poor remained poor because they are unfit.

some applied this to racial descrimination (we europeans are better than africans therefore we can dominate them)
South Africa
British controlled southern tip of Africa.

history of Africans, Brits, and Dutch clashing

Boer War
Spinning Jenny
Invented by James Hargreaves(1764)England

The device dramatically reduced the amount of work needed to produce yarn, with a single worker able to work eight or more spools at once.
Steam Engine
James Watt made it more efficient and faster.

Made transportation faaster along water routes and canals.
Suez Canal
Man made water way that connected mediteranean to Red Sea. Cut through Isthmus of Suez. opened(18690
Textile
A cloth, especially one manufactured by weaving or knitting; a fabric
Urbanization
City building and movement of people to cities.
William Cockerill
Lancashire carpenter who went to Belgium in 1799 carrying plans for spinning macinery.
Industrialization
Develop industries in a country on a wide scale.
Imperialism
A policy of extending a country's power and influence through diplomacy or military force.
Boer war
Two wars fought by Great Britain in Southern Africa
Boer
A member of the Dutch and Huguenot population that settled in southern Africa in the late 17th century.
Capitalism
An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
Communism
A political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
Crimean War
A war between Russia and an alliance of Great Britain, France, Sardinia, and Turkey.
Crop Rotation
The action or system of rotating crops
Direct Rule
A system of government in which a province is controlled by a central government
East India Company
A trading company formed in 1600 to develop commerce in the newly colonized areas of Southeast Asia and India.
Factory
a building or group of buildings where goods are manufactured or assembled chiefly by machine.
Hawaii
a state in the U.S. that is comprised of a group of islands in the North Pacific Ocean.
India
A country in Southern Asia that occupies the greater part of the Indian subcontinent
Indian National Congress
a broad-based political party in India, founded in 1885 and the principal party in government since independence in 1947.
Indirect rule
a system of government of one nation by another in which governed people retain certain administrative, legal, and other powers.
Labor
Physical work
Laissez-Faire
the policy or attitude of letting things take their own course.
Manchester
An industrial city in Northwestern England; center for the English cotton industry.
Ottoman Empire
What used to be the Turkish Empire.
Profit
The difference between the amount earned and the amount spent in buying, operating or producing something.
Racism
The belief that all members of each race possess characteristics or abilities specific to that race.
Railroad
A track or set of tracks made of steel rails along which passenger and freight trains run.