World Geo Ch 2
When did world trade begin?
1400s
Medieval Era
Feudalism
Europe colonized and dominated for how many years?
600
What is the oldest cultural hearth and is in our country?
Mesopetania
Age of exploration
colonialism was economic, political, and cultural
hegemon
leader of world trade in system
End of Feudalism
rise of some lords over more land, creation of new farm land, rise of cities and trade ; Little Ice Age
Roman empire
traded w Chinese
Mercantilism
an economic system to increase a nation's wealth by government regulation of all of the nation's commercial interests ; merchants with massive amounts of money pay to live a luxurious lifestyle
semi-periphery
countries that contain aspects of both core and periphery
Feudalism
discouraged change, aristocracy, religion
There were two waves of colonialism between 1500 and 1975. Which of the following is not true of the second wave (1825-1975)?
economies were focused on tourism
The origin or place that a new good or service is initially produced is referred to as the:
hearth
periphery countries
the least developed and least powerful nations; often exploited by the core countries as sources of raw materials, cheap labor, and markets
Why do some scholars think China will supersede the United States as the dominant world superpower?
China has grown as a global epicenter of manufacturing, and its entrepeneurs are some of the biggest investors in the world.
There were two waves of colonialism between 1500 and 1975. Which of the following is not true of the first wave (1500-1825)?
Economies were focused on tourism
Who began claiming resources because of world trade?
Europe
Order of hegemony
Portugal, Netherlands, England-British, USA
Renaissance
Rebirth of Europe, capitalism replaced feudalism, world trade begins ; modern science begins
What was the reasoning behind the General Agreement on Trade and Tariffs to promote free trade?
There was a belief that trade restrictions had led to the Great Depression.
Who took over middle eastern trade route in 1300s
Turks
What is the economic system of world trade?
capitalism
To be hegemon you need
education, money, military (navy), government
Transportation networks may be intentionally designed to:
enhance connectivity for some communities while marginalizing others
Landlocked countries face particular exporting problems because both time and money are required to cross country borders, making transportation:
expensive
Due to every sovereign state having a vote, the World Bank and International Monetary Fund (IMF) tend to be more democratic that the United Nations (UN).
false
In general, Americans change their behavior by increasing their use of public transportation and purchasing more fuel-efficient vehicles:
in response to a significant increase in gas prices
World System Theory (Wallerstein)
one world connected by a network of economic exchanged
core countries
the most advanced industrial countries, which take the lion's share of profits in the world economic system.