POLS 110 Chapter Notes - Chapter 1-3: Military Alliance, Wage War, Bretton Woods, New Hampshire
3 Oct 2018
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Ch 1 summary: by the second era, the golden age , economic development and the balance of power, this chapter is organized around five major historical periods. Era , was dominated by western european states intent on competing with each other: the mercantilist era was led largely by western states intent on securing power and markets by establishing colonial empires. Monopoly power over colonies forced them into exclusionary economic relations with the metropole. on the european continent had changed state interests into positive-sum (win, win) economic cooperation based on the principle of comparative advantage. This period saw a rapid expansion in international trade, investment, and migration . The mostly non-democratic great powers states also shared an interest in suppressing social movements. British hegemony and the concert of europe served as the international institutions to manage economic and political conflict and to keep the international system stable: cooperation collapsed during the thirty years" crisis that begins with world war i.
