Forging the modern world final Exam Questions With Correct Answers
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Module
Forging the modern
Institution
Forging The Modern
Forging the modern world final Exam
Questions With Correct Answers
Free trade and comparative advantage - answer-originating 18th century
-Adam Smith argues free trade will produce greater wealth than mercantilist trade; way
capitalism should work
-notion of laissez-faire capitalism-could crea...
-the reduced supply and rising price of oil occasioned by the Organization of the Petroleum
Exporting Countries (OPEC)'s oil embargo of 1973 only added to the West's economic woes by
augmenting the rate of inflation even further
-The embargo gave Middle Eastern oil-rich countries greater economic leverage on the global
stage
-countries producing fossil fuels and products give them strength
Berlin Conference - answer✔-1884-1885
-Regulated European colonization and trade in Africa during the New Imperialism period, and
coincided with Germany's sudden emergence as an imperial power
-accommodating conflicting territorial claims
Social Darwinism - answer✔-19th century
-European empires latched onto theories of social darwinism
-def: scientific principles of evolution could explain political and social conflict and outcomes
among society
-provided states with the fittest selected by God or nature to dominate their rivals
-emerged in the UK, the US and wester Europe in the 1870s, and which sought to apply
biological concepts of natural selection and survival of the fittest to sociology and politics
Civilizing Mission - answer✔-19th century
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