unit 5 60-66

Transnational business

The global nature of trade and production contributed to the proliferation of large scale

The united fruit company

In America growing bananas

neocolonialism

Bananas sold in the US demonstrates economic dominan

The HSBC

Hong Kong and Shanghai Banking Corporation

Stock markets

Insurance

Gold standard

Increase in gold mining led to standard economic unit of fixed weight of gold

Limited liability corporations

Investing with no risk the business can grow with this money

Utopian socialism

The idea of an ideal community (Robert Owen and New

Lanark) Marxism, Anarchism

Middle class

New social classes, including the this class and the industrial working class developed.

industrialization

Family dynamics, gender roles, and demographics changed in response to this

Urbanization

that accompanied global capitalism often led to unsanitary working conditions, as well as to new forms of community