11A Globalization and the Rise of commodity Production

11A Globalization and the Rise of commodity Production - Wk...

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Wk 11A: Globalization
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Key Terms Globalization Commodities Colonization
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Globalization Globalization=the intensification of global interconnection resulting from the transnational flow of people, culture, commodities, capital, ideas, information, technologies across national and regional boundaries
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Early Globalization Sidney Mintz: Sweetness and Power Demonstrates connections between a metropolis (England) and its colonies Uses a historical analysis of a commodity produced in the colonies for consumption in Europe
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Commodities Goods that are the product of “social relations between individuals at work” Goods whose value comes from human labor, which is invested in their very form
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Commodity Exchange and Consumption Once commodities hit the market, they become objects to be bought, sold, and consumed and are divorced from the labor power and social relations invested in their production Commodities become objects that seem to have mysterious origins
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British West Indies or Caribbean Islands and Great Britain Connection Great Britain and the colonial sugar colonies in Caribbean Island economies developed during the colonial period for the production of one product for export to England and later US
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    Industrial Capitalism
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    Europe  1700-1850 Eve of the Industrial Revolution: Technological Revolution Agriculture (seed drill, manure for  fertilization) Manufacturing Infrastructure (communication,  transportation) Agrarian society was radically  transformed 
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    Industrial Revolution A period of European history generally  identified as occurring in the late 18th  century, Marked by a shift in production from  agriculture to industrial goods,  urbanization, and factory system
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    Colonialism A social system wherein the political  conquest by one society of another  leads to cultural domination with  enforced change
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    Industrialization of European  societies “established regular transoceanic trade and commerce” (ie  colonialism and slavery) which provided  capital Agricultural boom fed by print media Growth of larger scale agriculture led to urbanization (e.g England  1700:20%-1760:50%) Urbanization provided labor force for industry Paved roads for transporting goods
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11A Globalization and the Rise of commodity Production - Wk...

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