Traded Goods
Important People
Adam Smith: Better known as an Enlightenment Thinker, Smith had ideas that carried on for many many years and on into the Industrial Revolution. His most known concept was the Wealth of Nations, which was the first concept of political economy.
Karl Marx: believed in the labor theory of value to explain relative differences in market prices. This theory stated that the value of a produced economic good can be measured objectively by the average number of labor-hours required to produce it.
Labor Unions: Unions benefit their members but hurt consumers generally, and especially workers who are denied job opportunities. Unions decrease the number of jobs available in the economy
Middle Class: A strong middle class creates a stable source of demand for goods and services. A strong middle class incubates the next generation of entrepreneurs. A strong middle class supports inclusive political and economic institutions, which underpin economic growth.
Industrial Working Class: provided more jobs for people but also created an abundance of labor. It caused a lot more people to move towards the cities and towns and away from rural living.
SPICE CHART
S: Qing China:-reinforced Confucian gender roles, women showed loyalty remaining chaste as widows and resisting rape, forbidden intermarriage with Chinese, Confucian gender roles, Assimilated with Chinese, Slaves/servants; artists & peasants; generals, workers & nobles; emperor and advisors, small, important minority of Non-Chinese
Ottoman Empire: -millet system, gender based religion, silver trade with parts of china
British: Creation of middle class (white collar workers), Labor unions developed, Universal education, Feminism, Nuclear family
Japan: merchant class gains wealth, samurai still, just chilling
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P: Qing China: used bureaucratic techniques to govern the empire, 80 year military effort between 1680-1760 to bring the empire together under solid Chinese control, Treaty of Nerchinsk (1689): marked Chinese and Russian boundaries, Central Eurasia (area outside of China) was ruled separately through the Court of Colonial Affairs
Ottoman Empire: took land through military, had social classes, peasants were forced to do agriculture
British: nationalism, take over Africa, monarchy
Japan: feudal, Meiji restoration
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I: Qing China: rulers wrote in Chinese, porcelain pots, paintings, invented first machine gun, classical forms of literature, legalism
Ottoman Empire: Trade routes and over seas, Iron man, black widow, and captain America die, farmed mostly corn
British: The Spinning Jenny, Steam Engine, Bessemer Process, Mechanized Reaper, Creation of the Assembly line and Division of Labor
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C: Qing China: Confucianism, Buddhism, and Doaism were the main religions, Tolerated Islam and Christianity
Ottoman Empire: Men has more rights than women, religion wasn't enforced, heavily Roman catholic
British: Nationalism = member of nations; no longer identity as subject of a king, Creation of national histories
Japan: in Hawaii now
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E: Qing China: -Silk Road trading posts, Thriving trade, Chinese merchants had extended businesses, Land-based trade took a backseat to oceanic trade, South China Sea trade
Ottoman Empire: peasant agriculture, merchants were popular making a lot of money, merchant goods
British: Capitalism, Laissez Faire, free trade ideology
Japan: slowly collecting money,
Africa had many good resources like cotton and food. This mean all of the bigger countries sought to conquer and make colonies.
Chinese Exclusion Act:
This was a federal act set into place in the United States as an attempt to keep out all Chinese people. It was in order to keep jobs to strictly US men and not the Chinese Immigrants.
White Australia Policy: is a term encapsulating a set of historical racial policies that aimed to forbid people of non-European ethnic origin, especially Asians and Pacific Islanders, from immigrating to Australia, starting in 1901.