Friday, April 13th, 2012
A.P. World History – 8th period
Triangular trade and Erie Canal also started during this period creating a bigger market to produce. Trade between nations on a global scale has changed through our history dramatically with transportation. Concepts that distinguish 1750 – 1900 from previous eras in world history included: industrialization, imperialism, and nationalism
Basically, industrialization helped change the production of goods around the world and created new patterns of global trade and production. Transportation and communication were new expanded methods that supported global capitalism. The Industrial Revolution gave huge economic and political advantages to countries where it occurred over countries that remained primarily agricultural. In this period to be called a Marker Event, there were three qualifications that needed to be developed, such as: it must cross national or cultural borders, affecting many civilizations, later changes or developments in history must be at least partially traced to this event or series of events, and it must have impact in other areas. For example, technological changes impact other major areas, like government, belief systems, social classes, or the economy. Also, Industrial Revolution helped England greatly impact its output manufactured goods by substituting hand labor with machine labor. Economic growth in Britain was fueled by a number of factors: agricultural revolution, technological revolution, natural resources, economic strength, and political stability. Britain’s textile industry was the earliest transformation in this revolution. In 1750s Britain exported wool, linen, and cotton cloth. The key inventions during this time were the flying shuttle, the spinning jenny, the water frame, and the spinning mule. Transportation improved once industries began its exponential growth because raw materials to factories and manufactured goods to...