WorldPolitics_Chapter01_wed_jan11

WorldPolitics_Chapte - PLS 160 Wed Chapter One What Shaped Our World A Historical Introduction Potential quiz questions 1 Define mercantilism and

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PLS 160 Wed. Jan 11, 2012
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Chapter One What Shaped Our World? A Historical Introduction
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Potential quiz questions 1. Define mercantilism and give some examples of what it implied for the colonies / the imperial power. 2. Explain the key reasons for Pax Britanica. What does the British peace mean? 3. What were the major consequences of WWII?
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Cooperation Throughout History Quick glance: 1800s: periodic wars and recessions (US civil war, conflict with indigenous people, Europe small wars post 1815, revolutions)… …but by and large no large scale conflict …and Western Europe’s economy grew eightfold between 1815 and 1914 Early 1900s: war, depression, dictatorships, beginning of the cold war Late 1900s: peace, prosperity, end of cold war Ch. 1 reviews modern history of international political and economic affairs (again – looking at interests, interactions, and institutions)
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The Mercantilist Era The “world” as a meaningful pol. and econ. unit emerged after 1492 Before – almost isolation from all but those in immediate vicinity; trade difficult and expensive, and therefore mostly in high value goods In the XV, XVI- th centuries– major geographical discoveries by the European powers Europe dominated in the 1500s - so field of IR f until the rise of the US, USSR, China, Japan dominated by the European powers [which included the Ottoman Empire and Russia] All of these European powers were “absolute monarchies” intent on: ensure own political, military power access to markets, resources [connected with limited ability to tax domestically; ]
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The Mercantilist (colonial) Era Mercantilism : the use of military power to enrich imperial governments and their supporters [and preserve the empire] Hobbes: “wealth is power and power is wealth” Key mercantilist mechanisms: State monopolies (Spanish mines, Hudson’s Bay Company) [… Monopoly==exclusive use of a resource; activity or a territory] Controls on colonial trade, especially distortion of terms of trade in favor of the mother country VS. Free markets and free trade
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Controls on Trade: An Example Britain restricted Virginia’s commerce. Tobacco and rice: could only sell to Britain Manufactured goods: could only buy from Britain Net effect: Lower price for tobacco Higher price for manufactured goods
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In International Politics - Struggle for Supremacy Economic competition in Europe: Clashes of empires over control of territory and resources in the “new worlds”; Spanish dominance [over Portugal]; British challenge of Spain The Thirty Years’ War (1618-1648) Sealed the decline of Spain [defeated by England, Netherlands, France] Ended with the Peace of Westphalia [ respect of sovereignty over domestic territory ]
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Peace of Westphalia Effects: Stabilized borders Helped resolve religious conflicts Beginning of modern system of states Establishing sovereignty  
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This note was uploaded on 04/03/2012 for the course PLS 140 taught by Professor Silver during the Spring '07 term at Michigan State University.

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WorldPolitics_Chapte - PLS 160 Wed Chapter One What Shaped Our World A Historical Introduction Potential quiz questions 1 Define mercantilism and

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