Imperialism: Chapter 7

Cultural Contact/ Historical Globalization and Imperialism

·         International trade beginning with the silk road ·         Mercantilism; government-sponsored international business ventures designed to make European monarchs rich ·         Capitalism; similar to mercantilism except designed to make one’s self wealth ·         Free market; essential for capitalism ·         18th  century Europe the people wanted change, challenged the rights of monarchs and demanded more rights for ordinary people ·         Scottish philosopher Adam Smith thought that entrepreneurs should be free of government restrictions to let economies expand naturally and rapidly ·         Exploitation; the use of a person or group for selfish purposes ·         Communism; all people work for government-owned and government-run business, used by countries such as China, Russia and Cuba ·         Europeans exploited the raw materials in their territories in North and South America, Africa and Asia to expand their manufacturing industries ·         Industrialization; place of production shifts from homes and small craft shops to large factories ·         Industrialization took place in countries such as England, France, Spain, and Belgium while other countries such as Sweden became banking and financial centers ·         Industrial Revolution; countries were shifting production techniques to an industrial model, Great Britain was one of the first countries to do so ·           Early working conditions were not favorable for workers, and because the people had no political power they weren’t given any rights to protect them

• Explore varying viewpoints of the impacts of historical and contemporary globalization and imperialism?
• Consider the consequences of imperialistic policies in Canada and the world?
• Recognize attempts made by populations and governments to address the consequences of imperialistic policies?