POL201Y1 Study Guide - Midterm Guide: Periphery Countries, Inclosure Acts, Core Countries

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Historical/ancestral following (same way century after century) Sons go into same trades as fathers: command. Soviet union 5 year plans: determined scope of distribution and production by 5 year cycles. Bureaucratic decision on production and distribution: market. Land turned into commodity that can make capital off of. Government intervention essential to formation of market, undermines story about market being generated spontaneously as result of people"s interest to barter and trade. Adam smith market the natural way organizing production: main incentive for enclosure was increased productivity of the land. More incentive to own land, more valuable because of increased land productivity: improved farming techniques, learn crop rotation. Can now use land year round and years after. Increase understanding of nutrients crops take from land. People started to buy most of the goods they consumed. Subsistence production no longer (now consuming things they didn"t produce)

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