HST 112 Midterm Study Guide

HST 112 Midterm Study Guide - HST 112 Midterm Study Guide...

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HST 112 Midterm Study Guide Part 1: Identifications (30%) Adam Smith: Wealth of Nations , published 1776. Smith believed that the laws of supply and demand served as the “invisible hand” to assist the market, and that government intervention was not necessary. He also believed that division of labor in manufacturing increased productivity and generated more wealth for society. Endorsed laissez-faire economics (i.e. an economy free from government control) He also believed in free international trade, and that the government should only concern itself with matters of security (i.e. national defense, internal order, and public works). Significant because his ideas set up the economy of the United States of America. Otto von Bismark – (1815-1898) architect of the unified Germany, Prussian prime- minister – married a piest which gave him social connections. Conservative who implemented some liberal ideas, just to keep from rebellion. Led Prussia to series of wards of unification against Denmark, Austria, and France. Important because it unified Germany and led to rapid industrialization and social reforms such as health, accident, and disability/old age insurance. He brought European stability, but also “negative integration” which directed animosity at minority groups. Count Camillio Cavour Factory Act Giuseppe Garibaldi: set sail from Genoa with 1,000 red-shirted volunteers to liberate Sicily. “Liberated” southern Italy and helped unite Italy under Victor Emmanuel. Industrial Society: population increases, wage/market economy, property rights. Leads to industrial work: long hours, repetitive, strict labor discipline; urban slums: overcrowding, lack of utilities, epidemics, social problems. Changed society from a feudal one, in which there were communal rights and paternalistic labor relations and seasonal patters of labor. Jacobins
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This note was uploaded on 05/23/2008 for the course HST 112 taught by Professor Ebner during the Spring '08 term at Syracuse.

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HST 112 Midterm Study Guide - HST 112 Midterm Study Guide...

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