Nations/Peoples of the World
Turkish slaves who formed a military class which ruled over Egypt
What is Mamluks?
Created the basic oil company and created the oil monopoly in the US
What is John D. Rockefeller
A book by Adam smith which discusses the basis of capitalism
What is the wealth of nations?
A network for selling and buying shares
What is the Stock Market?
Introducing products to the market
What is commercialization?
This nation lost both of the Opium Wars in the 19th century which caused it to split into "spheres of influence". During the 20th century this nation proclaimed itself briefly as a republic; however, this lasted for shortly because of the Opium Wars during the 19th century which weakened its central government. This caused this nation to fall behind in the world industrialization.
What is China?
Created a monopoly by buying coal and steel mines that helped with steel business in Germany
What is Alfred Krupp?
A cheap and efficient way to create steel by blasting hot air through melted iron
What is Bessemer Process?
A control of a specific business which mainly focuses on its supply and trade
What is monopoly?
The purchasing of material goods which was a result of people gaining more income that they can spend on material goods
What is Consumerism?
A nation which borders Europe; however, this nation is reluctant to adopting Western technology and Enlightenment ideas. Corruption in the government was prominent in this nation which ultimately led to this nations decline.
What is The Ottoman Empire?
During the 1800's, an Albanian Ottoman Officer rose to power in conflict with the Mamluks. Local leaders selected the Ottoman officer to be the new governor of Egypt. The governor was able to act independently from the sultan. They were also known for pushing Egypt to industrialize and the first modern ruler of Egypt.
What is Muhammad Ali?
The transition of Japan to an industrialized country which took less than five decades to accomplish, which was significantly more rapid than any other country's transition to become industrialized.
What is the Meiji Restoration?
People who own stock(s) in a company
What is stockholders?
Two humiliations for China during the 19th century
What is the Opium War?
This nation thrived in terms of central government, so in turn they can maintain independence and territory from the Western World. Despite its reluctance from being included in the Western World, this nation pursued western innovations to remain on equal footing with western nations.
What is Japan?
An investor in a railroad project who hoped to create railroad which stretch from South Africa to Egypt.
What is Cecil Rhodes?
Basing the country's military system on that of the European model, establishing schools, official newspaper, highly taxing the peasants...
What is Ali's reform?
A way for the Japanese government to fund reforms
What is High agricultural tax?
A transnational company which focused on household items such as soap and is still a prominent company today.
What is Unilever?
An association of people and companies which writes insurance for their own accounts
What is Lloyd's of London?
A naval squad leader from the United States whom sailed into and Tokyo Bay demanding to engage in trade with the Japanese.
What is Matthew Perry?
A company that operates factories and sells products in many countries, regardless of where the headquarters are located
What is Transnational Corporation?
Voting rights in a business which are able to be transferred easily through different investors.
What is Transferability of Shares?
Feudalism abolished in 1868 and then implemented a constitutional monarchy which established many things such as creating a school system, building railroads, abolishing cruel punishments, etc...
What is Japan's reform?