GLOBL 2- Midterm Exam Guide - Comprehensive Notes for the exam ( 40 pages long!)

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13 Oct 2017
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Global = transnational: flows and processes that flow across national borders. Maldistribution of wealth and resources: rich nations have population, use resources. Presupposes a system of separate, sovereign nation-states. Transnational interdependence - dependent on other countries and people. Interdependence on knowledge, not only economic/political dependence. Global - first used in 1892 in harper"s magazine, by monsieur de vogue, a french traveler. 1980s-1990s: globalization = global capitalism (thanks to anti-globalization movement) Cultural revolution - agriculture, produce more goods than they can consume -> civilization. 1500-1840: best average speed of horse-drawn carriages and sailing ships was 10 mph - hardship of navigation and communication. 1850-1930: steam locomotives averaged 65 mph; steamships average 36 mph. 1960s: jet passenger aircraft - 500-750 mph. Trans-continental trade goes back 1,000 years or more (europe china) = Mercantilism - buying something in one place, then selling it in another place; involves trading. Example: silk road between china and europe.

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