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LO2 - Market Revolution Industrial Revolution England...

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INTB 3351 Lecture Outline Foundations of the First Global Economy 1. Definitions - What is History? - What is Globalization? - When did Globalization begin? 2. Pre-19 th Century International Trade - Rise of credit and banking - Rise of long-distance, maritime trade - Mercantilism - High value-to-volume goods - Trade small relative to national economies - Two Eras of Globalization 3. Foundations of the First Global Economy
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Unformatted text preview: - Market Revolution - Industrial Revolution - England: cotton textiles - Role of colonies - Steam Power - Transportation and Communications - Steamships - Suez Canal - International Telegraph - Mass trade in basic commodities - Mass migrations of people Terms Price convergence Triangular Trade Battle of Plassey (1757) Congress of Vienna (1814-1815)...
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