Social unit 2

• Mercantilism


  Dominant economic system in Europe until 1800, based on national cooperation, often benefiting those of higher status (class)
• Adam Smith's challenges to Mercantilism


  • Wealth of Nations, 1776 - Wealth was not spread evenly, Monarchs should stop playing favourites with businesses, it created monopolies which harm the economy
• Adam Smith's view of the economy

  Business owners pursue profit due to greed, self-interest, and competition, Invisible hand guiding all people to improvement, More jobs created, improves economy, Merit for work (meritocracy)
• Shift from Mercantilism


  To Capitalism (Smith) - little or no government regulation, competition, distribution of wealth to wider range of people
• John Stuart Mill's challenges

  • On Liberty, 1859 - Government control vs individual freedom
• Liberalism


  Enlightenment (political parent) + Industrial Revolution (economic parent)
• To what extent is resistance to liberalism justified?
• Popnomics (Mercantilism)
• Roots of Liberalism
• Aboriginal ideas, Adam Smith - Economy, John Stuart Mill - Political
• Environmentalism


  Efforts to protect the environment, addressing issues such as toxic waste. Organizations like Greenpeace are involved, and activities like fishing and hunting are connected to environmental debates.
• Religion in a liberal society


  People have the right to choose their religion and express their beliefs freely. They can also critique and question the principles of liberalism.
• Postmodernism


  A way of thinking that questions traditional ideas and norms, encouraging people to think outside the box.
• Extremism


  Radical views that challenge the moderate and tolerant values of liberalism. For example, a racist group is contrasted with clowns who represent absurdity and mockery.
• Neo-Conservatism


  A political philosophy that values tradition, is wary of change, particularly from countercultures, and is sometimes associated with the 'Christian right'.
• Fall of Berlin Wall, marks the end of the Cold War, representing the collapse of communist control in Eastern Europe.

  1989
• Liberation Movements - Poland, the push for freedom in Poland, supported by religious institutions and figures like Pope John Paul II.


  1989
• Dissolution of the USSR, the breakup of the Soviet Union, which was a major event marking the end of the Cold War era.


  1991
• Imperialism and Neo-Imperialism


  The forceful spread of liberal values to other parts of the world, sometimes without regard for local customs or consent.
• Oka Crisis


  A land dispute in Canada that highlights the conflict between liberal governmental policies and indigenous rights.
• Aboriginal Collective Thought


  Indigenous perspectives that prioritize community and equality over individualism.
• First Contact With Capitalism

  Early interactions between indigenous peoples and European traders, which often led to exploitation.
• Residential Schools


  Institutions that aimed to assimilate indigenous children into the dominant culture, often through harsh methods.
• Imposition of Liberalism in the World


  The practice of pressuring other nations to adopt liberal values, sometimes through threats or coercion.
• Environmentalism


  Efforts to protect the environment, addressing issues such as toxic waste. Organizations like Greenpeace are involved, and activities like fishing and hunting are connected to environmental debates.
• Religion


  In a liberal society, people have the right to choose their religion and express their beliefs freely. They can also critique and question the principles of liberalism.
• Postmodernism


  A way of thinking that questions traditional ideas and norms, encouraging people to think outside the box.
• Extremism


  Radical views that challenge the moderate and tolerant values of liberalism. For example, a racist group is contrasted with clowns who represent absurdity and mockery.
• Neo-Conservatism


  A political philosophy that values tradition, is wary of change, particularly from countercultures, and is sometimes associated with the 'Christian right'.
• Fall of Berlin Wall, marks the end of the Cold War, representing the collapse of communist control in Eastern Europe.

  1989
• Liberation Movements - Poland, the push for freedom in Poland, supported by religious institutions and figures like Pope John Paul II.


  1989
• Dissolution of the USSR, the breakup of the Soviet Union, which was a major event marking the end of the Cold War era.


  1991
• Imperialism and Neo-Imperialism


  The forceful spread of liberal values to other parts of the world, sometimes without regard for local customs or consent.
• Oka Crisis


  A land dispute in Canada that highlights the conflict between liberal governmental policies and indigenous rights.
• Aboriginal Collective Thought


  Indigenous perspectives that prioritize community and equality over individualism.
• First Contact With Capitalism

  Early interactions between indigenous peoples and European traders, which often led to exploitation.
• Residential Schools


  Institutions that aimed to assimilate indigenous children into the dominant culture, often through harsh methods.
• Imposition of Liberalism in the World


  The practice of pressuring other nations to adopt liberal values, sometimes through threats or coercion.