Foundations of Historical Globalization

1. Eurocentrism

1.1. It was influential because it gave the Europeans the confidence and belief that they were superior to all else, and everyone else.

1.2. Factors of Eurocentrism: -viewing the world from a European perspective and with an implied belief in the superiority to European culture. -Discursive and ethnocentric view of the rest of the world.

1.3. Beginnings of Eurocentrism: -Eurocentrism was a belief in place from the time of mercantilism when the Europeans began finding ways to become powerful, the monarchs fed off of mercantilism and from then eurocentrism became evident amongst all of their endeavours.

2. Capitalism

2.1. Why was it Influential? -Created profit and opportunity -Bettered quality of life for the middle-class/business men. -Revolutionary way of how people thought at the time.

2.2. How it Began? -Merchants has a surplus of wealth they lent to others on interest, the money they generated they reinvested. -Adam Smith believed in entrepreneurship (owning private businesses) which would generate wealth among the middle class, and allowed them to support themselves and their families. -These were the factors that led into capitalism.

2.3. Factors of Capitalism: -Increase of individual wealth -open competition -all about gain of profit -Entrepreneurship (owning private businesses.)

3. Capitalism-Industrialization Cause: Growth of individual wealth due to entrepreneurship. (Capitalism) Effect: Increase in demands for products increased manufacturing which increased capitalists wealth. (Industrialization)

4. Imperialism-Eurocentrism Cause: Competition between European countries for land=wealth and prestige. Effect: Having a belief that Europeans are superior to all else allowed them to conquer land and gain resources while mercilessly exploiting indigenous people.

5. Eurocentrism-Capitalism Cause: Belief that Europeans are superior to all else. Effect: The belief of individual growth and wealth came from Eurocentrism. Europeans thought they were above all else and individual growth stemmed from the concept of superiority over everyone else. They believed they were superior and therefore being capitalistic was Eurocentric based because it made Europeans rich. Specifically Europeans were gaining wealth, where as non-Europeans weren't.

6. Imperialism-Industrialization Cause: Competition between European countries for land=wealth and prestige. (Imperialism) Effect: Exploited land and resources to manufacture products to sell back to those colonies for higher prices. (Industrialization)

7. Industrialization

7.1. Why was it Influential? -Technological Revolution -High demand of products, equal supply. -Labour workers, were working to survive. -Capitalists gained more money, due to excessive amounts of products being sold.

7.2. Factors of Industrialization: -increased manufacturing led to industrialization -place of production shifted from home to factory -lots of people doing labour work under severe conditions -exploitation of workers -more products to bring an equilibrium to the demands for products in society

7.3. How did it Begin? -Europeans were shifting producing techniques to an industrial model to gain products at a faster rate to fulfill demand and gain more wealth from the goods they were selling at high prices to other countries.

8. Imperialism

8.1. It was influential because the Europeans gained resources they never had before, it was a time of exploration, innovation, and of course exploitation of non-European peoples. This was a time of profit, wealth, new gains in knowledge, land, and prestige.

8.2. Factors of Imperialism include: -Benefits one group of people of the other -Claiming land inhibited by indigenous people and exploited them for their land and resources by conflict and warfare, then imposed political control. -Having power over colonies, spheres of influence, and protectorates.

8.3. Imperialism began due to competition among European countries for land. -Land= wealth, prestige, control, and power.

9. Capitalism-Imperialism Cause: Growth to individual wealth due to ownership of private businesses. Effect: Exploitation of land and people to gain resources and products that would increase capitalists individual wealth.

10. Industrialization-Eurocentrism Cause: Increased manufactory equals industrialization occurring when place of production shifts to a large factory with non-Europeans doing labour work. Effect: Due to the superior belief that Europeans are above all else, they exploited others (slaves, indigenous people, etc) to do labour to increase production which increases wealth.