1.2 Development of the world economy

• Aardrijkskunde
• Middelbare school
• vwo
• Leerjaar 3

1.2 

 Development of the world economy

Knowledge check after reading 1.2

1.2 Which three trade flows can we distinguish between 1500 and present day?

1. (trade)colonialism, decolonisation, free trade
2. trade colonialism, industrial colonialism, free trade
3. (trade)colonialism, decolonisation, Cold War
4. industrial colonialsm, Cold War, decolonisation

What was transported during the trade colonialism?

The areas more inland were also colonized

1. True
2. False

difficult to reach

Colonial relationships (1500 - 1945)

What period in history is the period of great discoveries?

• 16th century

European colonialism:
1500 – 1800: trade colonialism
1800 – 1950: industrial colonialism

Great discoveries or embarrising period?

In the phase of industrial colonialism the mother country is loosening/tightening its grip on the colony

1. loosening
2. tightening

How did they do that?

education, administration, trade and culture

Colonial relationships (1500 - 1945)

European colonialism:
1500 – 1800: trade colonialism
1800 – 1950: industrial colonialism

In what areas did a former colonizing country strengthen its grip on the colony?

• education, administration, trade and culture

Between 1945-1990 was the phase of

1. Free trade
2. Trade colonialism
3. Industrial colonialism
4. The way to independence

Name two important changes to the world order after WW2

decolonisatie

3 blokken. worden gevormd : 

communisten het westen en ontwikkelingslanden

In the era of the cold war, why did the communist countries account for such a small share of global trade?

On the way to independence

What developments took place after 1945?

• decolonisation
• Cold War

During the cold war, the different power blocks traded outside/  inside their own power block.

On the way to independence

During the cold war, the different power blocks traded inside their own power block.

The Cold War resulted in a new grouping of the world:

• Western countries
• Communist countries
• Developing countries
  

After 1990 is the phase of

1. Free trade
2. Trade colonialism
3. Industrial colonialism
4. The way to independence

What happend in 1990?

Name the characteristics of a free market economy?

free entrepreneurship

price is determined by supply and demand

Free trade changes (after 1990)

In which year did the Soviet Union break up?

• 1990

Which economic system has become the most important system in the world?

• free market economy

What are the characteristics of a free market economy?

• free entrepreneurship
• price is determined by supply and demand

Name two advantages of free trade

countries can spacialice

access to forein markets

Free trade

The free market economy works best without trade borders. What is trade without borders also called?

• free trade

What are the advantages of free trade?

• a country can specialise
• companies gain access to foreign markets (to sell their product)

What is protectionism?

Protection of the home market 

-Protect national market from cheaper foreign manufacturers 

-Import levies 

-Using strict regulations

which imported goods 
must meet (packaging,
way of manufacturing)

To do

Finish 1.2 exercise ...

& check your work of 1.1 with the answersheet in Teams

Done?

Practice topography - find an online tool

Due to industrialisation, world trade is increasing, and

1. Trade flows are running increasingly within the empire
2. Trade flows within the empire are decreasing
3. European colonizing countries become less important
4. European colonizing countries become increasingly important.

During the cold war, the different power blocks traded outside/inside their own power block

1. outside
2. inside

1500-1800

1800-1945

after 1990

1945-1990

Trade colonialism

Industrial colonialism

way to independence

Free trade