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These flashcards cover key vocabulary and concepts related to imperialism and its effects between 1750 and 1900.
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Causation
The relationship between cause and effect.
Imperialism
The policy of extending a country's power and influence through diplomacy or military force.
Industrial capitalism
An economic system characterized by private ownership of the means of production and their operation for profit, emerging during the Industrial Revolution.
Real wages
Wages that have been adjusted for inflation, indicating the purchasing power of income.
Standard of living
The degree of wealth and material comfort available to a person or community.
Overproduction
The condition in which production of goods exceeds the demand for them.
Westernization
The adoption of western ideas, culture, and political systems by non-western societies.
Indentured laborers
Individuals who work for a fixed period under contract in exchange for passage to a new country.
Economic rivalry
Competition among businesses or nations to achieve greater profits or market share.
Nationalism
A political ideology that emphasizes the interests and culture of a particular nation, often in opposition to foreign influence.