MMW 14 Lecture 1: An Economic Approach to 1700-1914

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Outline lecture one introduction: an economic approach to 1700-1914. Pivotal transitions towards the 18th century (covered in mmw 13) a) Global preconditions for european ascendancy i) ii) iii) Decline of islamic empires: ottoman, safavid, and mughal empires by mid-1700s (1) Because of their weakness europeans were able to penetrate. Withdrawal of chinese presence from indian ocean network in the. Impact of the trans-atlantic slave trade on west africa (1) Huge impact on undermining the economic infrastructure of mostly western africa. Really destabilized and even militarized because the frequency of slave raids (2) iv) In the americas, demise of aztec, mayan, and inca empires (1) The spanish coming in and setting up cash crop plantation systems b) Due the result from a victory with the spaniards, britain gained the asiento (1) 1713 treaty of utrecht giving britain the asiento. Gave the british the right to ship all african slaves to the. Raw cotton was shipped back to textile mills in britain.

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