6.4 Global Economic Development from 1750 to 1900

• What is industrialization?

  Developing manufacturing for economic growth
• What is specialization in the context of industrialization?

  Workers focus on specific tasks
• Match the region with its key advancements during industrialization:

  Britain ↔️ Steam engines, textile mills

  Europe ↔️ Steel, electricity, mass production

  Japan ↔️ Modernized industries, expanded infrastructure
• Textile machinery automated the production of fabrics and clothing.


  True
• Phases of industrialization in chronological order

  1️⃣ Early Industrial Revolution (1750-1850)

  2️⃣ Second Industrial Revolution (1870-1914)

  3️⃣ Global Expansion (Late 19th - Early 20th Century)
• What was the impact of iron production during industrialization?

  Enabled construction of infrastructure
• What is the primary goal of global capitalism?

  Pursuit of profit
• The rise of global capitalism and international trade networks was closely linked to the industrialization process.


  True
• Industrialization involves a shift from agrarian to industrial economies.


  True
• Name a key technological innovation during industrialization.

  Steam engine
• What is an example of an international trade network created during industrialization?

  The Suez Canal
• The impacts of industrialization were shaped by the unique political, economic, and social contexts of each region
• Arrange the economic development stages of Eastern countries during industrialization:

  1️⃣ Adaptation to advanced machinery

  2️⃣ Modernization of economies

  3️⃣ Urbanization and social changes

  4️⃣ Labor migration
• African economies became suppliers of raw materials
• The International Monetary Fund coordinates economic policies and promotes free trade
• Mechanization increases efficiency and productivity
• Mass production techniques like the assembly line allowed for rapid, large-scale manufacturing of goods
• What is the definition of global capitalism?

  Economic system with free markets
• Match the example with its corresponding concept:

  Monopolies and trusts ↔️ Global capitalism

  Suez Canal ↔️ International trade networks
• The Suez Canal is an example of an international trade network.


  True
• The use of machines to replace human labor is known as mechanization
• Increased productivity in industrialization is achieved through mechanization and division of labor
• In what region did the Early Industrial Revolution begin?

  Britain
• What technological innovation drove the Second Industrial Revolution?

  Electricity
• What were the key technological innovations of the Industrial Revolution?

  Steam engine, textile machinery
• Global capitalism is an economic system based on free markets and private property
• What is the definition of global capitalism?

  Free markets, private property
• Western countries embraced technological advancements, leading to economic growth and the rise of capitalism
• The use of machines to replace human labor is a key characteristic of industrialization
• Textile machinery during industrialization automated the production of fabrics and clothing
• Western countries led to the rise of global capitalism through technological advancements.


  True
• Western countries embraced technological advancements, leading to rapid economic growth and the rise of global capitalism.


  True
• African economies suffered under colonial economic policies, with limited industrial infrastructure
• Global financial institutions played a crucial role in enabling global capitalism during industrialization.

  True
• Industrialization involves the development of manufacturing and other industries to support economic growth.


  True
• The Early Industrial Revolution (1750-1850) was centered in Britain and focused on steam engines and textile mills.


  True
• Match the concept with its definition:

  Global Capitalism ↔️ Economic system based on free markets

  International Trade Networks ↔️ Global systems for exchange of goods
• The assembly line is an example of a mass production technique.
• International trade networks involve the exchange of goods, services, and capital across borders.
• What is the definition of global capitalism?

  Economic system with free markets