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What Is The Significance Of The Economy In Chapter 26 The West And The World

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What Is The Significance Of The Economy In Chapter 26 The West And The World
Chapter 26: The West and the World
I. Industrialization and the World Economy
A. The Rise of Global Inequality
1. The ultimate significance of the Industrial Revolution was that it allowed those regions to increase their wealth and power.
B. The World Market
1. After the repeal of the Corn Laws Britain is able to become the world’s single best market
2. The growth of trade was facilitated by railroads
3. The steam engine also revolutionize sea travel
4. Suez and Panama Canal were of great importance of for intercontinental trading
C. The Opening of China and Japan
1. China
Traditional Chinese civilization were able to support themselves, but regulated trade under the Qing Dynasty
1836: Canton, an independent British colony in China
1842: Opium Trade/War and the
…show more content…
Europeans had a double standard, they were winning land and gaining liberties while taking the same away in Africa and Asia
IV. Responses to Western Imperialism
A. General Responses
1. attempt to drive the foreigners out
B. Empire in India
1. Great Rebellion (1857-1858) attempt by the established ruling classes to drive the while man out by military force
Britain will directly rule India
2. British Women: would actually attempt to make the lives of Muslim and Hindu women better and move them closer through education and legislation
3. A well educated, English speaking Indian bureaucracy and modern communications gave Britain a unified, powerful state
4. 1805: Hindu Indian National Congress demanded equality and self government that Britain had granted other colonies
5. 1907: the Indian Nation Congress were calling for complete independence
C. The Example of Japan
1. Emperor, Shogun: real leader, Samurai: warrior class
2. Meiji Restoration (1870-1900)
1871: new leaders abolished the old feudal structure and a free and competitive economy
A powerful modern navy was assembled many ideas borrowed from the West
By 1890: authoritarian constitution and rejected

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