Studied by 47 people
Adam Smith
Scottish economist who wrote the Wealth of Nations in 1776, a precursor to modern capitalism.
Bourgeoisie
the middle class, including merchants, industrialists, and professional people
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.
Cottage Industry
Manufacturing based in homes rather than in a factory, commonly found before the Industrial Revolution; work was highly skilled and valued
Creoles
Descendants of Spanish-born immigrants in Latin America; resented inferior social, political, economic status |
crop rotation
The practice of rotating use of different fields from crop to crop each year, to avoid exhausting the soil; utilized during the c. 1750 time period and led to increased crop yields and growing population
Declaration of Independence
1776 statement, issued by the Second Continental Congress, explaining why the colonies wanted independence from Britain.
Declaration of the Rights of Man and Citizen
Adopted August 26, 1789, statement of fundamental political rights adopted by the French National Assembly at the beginning of the French Revolution.
Deism
A popular Enlightenment era belief that there is a God, but that God isn't involved in people's lives or in revealing truths to prophets.
Empiricism
the view that knowledge originates in experience and that science should, therefore, rely on observation and experimentation
Enclosure Movement
consolidation and privatization of small landholdings/common lands into a smaller number of large farms in England c. 1700; contributed to the increase in population and the rise of industrialization as farmers were displaced and needed to find work in the cities
End of Serfdom
Most important reform of Russian Czar Alexander II; 1861-1865
Enlightenment
A philosophical movement which started in Europe in the 1700's and spread to the colonies. It emphasized reason and the scientific method. Writers of the movement tended to focus on government, ethics, and science, rather than on imagination, emotions, or religion. Many members of the movement rejected traditional religious beliefs in favor of Deism, which holds that the world is run by natural laws without the direct intervention of God
factory system
A method of production that brought many workers and machines together into one building; replaced localized cottage industry. Workers were paid by the hour instead of for what they produce; decreased the need for skilled labor and led to exploitation of workers
Feminism
the belief that women should possess the same political and economic rights as men; became popular during the Enlightenment
HSBC (Hong Kong and Shanghai Banking Corporation)
HSBC was established in 1865 to finance trade between Europe and Asia. Initially founded in the British colony of Hong Kong, it benefited from the opening of China to trade, including the opium trade
Industrial Revolution
A period of rapid growth in the use of machines in manufacturing and production that began in England c. 1750
Industrial Working Class
lower class created during the 18th century with the onset of the Industrial Revolution; often experienced poor living and working conditions
Jamaica Letter
A document written in Jamaica by South American revolutionary leader Simon Bolivar where he famously expanded his views on the independence movement in Venezuela and the way the government y tried to operate.
Karl Marx
1818-1883. 19th century philosopher, political economist, sociologist, humanist, political theorist, and revolutionary. Often recognized as the father of communism. Analysis of history led to his belief that communism would replace capitalism as it replaced feudalism. Believed in a classless society
labor union
An organization of workers that tries to improve working conditions, wages, and benefits for its members; popularized after worker exploitation common after the Industrial Revolution
Laissez-faire economics
hands off approach to economic development; the government should limit its interference in the economy
Liberalism
A political ideology that emphasizes the civil rights of citizens, representative government, and the protection of private property. This ideology, derived from the Enlightenment, was especially popular among the property-owning middle classes
Mary Wollstonecraft
English writer and early feminist who denied male supremacy and advocated equal education for women; wrote A Vindication of the Rights of Women, a famous feminist document in 1792
Meiji Restoration
In 1868, a Japanese state-sponsored industrialization and Westernization effort that also involved the elimination of the Shogunate and power being handed over to the Japanese Emperor, who had previously existed as mere spiritual/symbolic figure
Mestizos
A person of mixed Native American and European ancestry
middle class
A social class made up of skilled workers, professionals, business people, and wealthy farmers; rose to wealth and prominence during the Industrial Revolution
Muhammad Ali
Leader of Egyptian modernization in the early nineteenth century. He ruled Egypt as an Ottoman governor, but had imperial ambitions. His descendants ruled Egypt until overthrown in 1952
Nationalism
A strong feeling of pride in and devotion to one's country; it further aims to build and maintain a single national identity—based on shared social characteristics such as culture, language, religion, politics, and belief in a shared singular history—and to promote national unity or solidarity
Natural Rights
rights granted to all people by nature or God that cannot be denied or restricted by any government or individual; are often said to be granted to people by "natural law." Often discussed by Enlightenment thinker John Locke
Otto von Bismarck
Chancellor of Prussia from 1862 until 1871, when he became chancellor of Germany. A conservative nationalist, he led Prussia to victory against Austria (1866) and France (1870) in order to create a sense of national unity; assisted German unification in 1871
Peninsulares
Spanish-born, came to Latin America; ruled, highest social class in Latin America since they were the least likely to have "tainted bloodlines”
Proletariat
Marx's term for the exploited class, the mass of workers who do not own the means of production
Realpolitik
practical politics, ends justified the means, power more important than principles; utilized by Otto von Bismarck to unify Germany
Reign of Terror
(1793-1794) during the French Revolution when thousands were executed for "disloyalty;" led by Robespierre who tried rebels and had them executed often by guillotine
Second Industrial Revolution
(1871-1914) Involved development of chemical, electrical, oil, and steel industries. Mass production of consumer goods also developed at this time through the mechanization of the manufacture of food and clothing. It saw the popularization of cinema and radio. Provided widespread employment and increased production
Seed drill
created by Jethro Tull, it allowed farmers to sow seeds in well-spaced rows at specific depths; this boosted crop yields and population growth
Self-Strengthening Movement
A late nineteenth century movement in which the Chinese under the Qing Dynasty attempted to modernize their army and encourage Western investment in factories and railways
Simon Bolivar
The most important military leader in the struggle for independence in South America. Born in Venezuela, he led military forces there and in Colombia, Ecuador, Peru, and Bolivia
Social Contract
An Enlightenment concept; an agreement between the people and their government signifying their consent to be governed; popular in the 16th-18th centuries among theorists such as Thomas Hobbes, John Locke, and Jean-Jacques Rousseau, as a means of explaining the origin of government and the obligations of subjects
Socialism
a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole
Spinning Jenny
This machine played an important role in the mechanization of textile production; conceived c. 1764 by James Hargreaves, an English weaver
Steam Engine
A machine that turns the energy released by burning fuel into motion. Thomas Newcomen built the first crude but workable one in 1712. James Watt vastly improved his device in the 1760s and 1770s. It was then applied to machinery
Suffrage
the right to vote in political elections
Tanzimat Reforms
Series of reforms in the Ottoman Empire between 1839 and 1876; established Western-style universities, state postal system, railways, extensive legal reforms; resulted in creation of new constitution in 1876
Telegraph
A device for rapid, long-distance transmission of information over an electric wire. It was introduced in England and North America in the 1830s and 1840s
Toussaint L'Ouverture
Was an important leader of the Haitian Revolution and the first leader of a free Haiti; in a long struggle again the institution of slavery, he led the blacks to victory over the whites and free coloreds and secured native control over the colony in 1797, calling himself a dictator
Transnational business
A business that operates in several different countries but is centred in one specific country (headquarters), two companies include the United Fruits company and HSBC
Urbanization
An increase in the percentage and in the number of people living in cities as opposed to the countryside
Wealth of Nations
British philosopher and writer Adam Smith's 1776 book that described his theory on free trade, otherwise known as laissez-faire economics
Young Turks
A coalition starting in the late 1870s of various groups favoring modernist liberal reform of the Ottoman Empire. It was against monarchy of Ottoman Sultan and instead favored a constitution. In 1908 they succeed in establishing a new constitutional era
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