NO240 Lecture Notes - Lecture 2: North American Free Trade Agreement, Human Capital, Capital Accumulation
Document Summary
Regionalism countries are seen as regions, and within the regions are regions within, some determined by geography, culture. Mexico troubled relationships with neighbour mexican wars in 19th century. 1920 transportation, resource development immigration and industrialization made in us the dominant economy in north america. Consumerism= rampant in 20th century want to be able to own a radio, go to the events, have more wants and needs. Late 19th century really the rail road age, building of road networks crisscrossing nations, regions within nations had transporatiton access linked local markets to regional and national markets. International trade less dependent on ocean bay shipping because now things can be transported within the context of north america fights between ownership of production, wall street has huge social class dynamics are changing. By early 20th century, wall street dominants business in america. Dynamic of trade relationships amongst these countries until nafta 1994.