AMS 207 Lecture 1: AMS 207 Notes 2-4

69 views1 pages

Document Summary

Millions (90%) of natives dies within generations due to disease within the first century. The new world initially offers a new system of resource extraction and usher in the atlantic. New world natural resources harvested, shipped to europe, and either sold or finished: produces radical wealth and a proto-industrial system of european cities, but also slavery. Urbanization, especially in port cities, and banking/joint stock companies. Indentured servants: europeans or other foreigners who gain passage to the new word in exchange for 8 years of work (slavery) Spurred by a new urban commercial class and move towards individual rights. Modern nation states form that offer property laws, common currency, infrastructure, and protection. Less risk facilitates economic growth: banks ad joint stock companies. Strength gained from cultural binds as well: similar languages, newspapers, mechanized printing, organized religion, other cultural attributes.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents