The development of economies on a global scale took off in the mid-20th century. This period was called the information age.
Sociology Final Part 3 Flashcards – Quizlet
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What was the time period in which social inequalities began to emerge?
Raiders of the Lost Web CONCLUSION: Hereditary inequality appears to have begun over 7,000 years ago in the early Neolithic era.
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What was the earliest economic system?
The earliest economies were based on trade, which was often a simple exchange in which people traded one item for another. Our earliest forms of writing (such as Sumerian clay tablets) were developed to record transactions, payments, and debts between merchants.
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What was the world economic system that developed after 1500?
Mercantilism was the dominant economic system from the 16th century to the 18th century. Mercantilism was based on the idea that a nation’s wealth and power were best served by increasing exports and reducing imports.
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Which of the following best defines the term globalization quizlet?
It allowed freer trade opportunities for the United States, Canada, and Mexico. Which of the following best defines the term globalization? The process of integrating governments, cultures, and financial markets through international trade into a single world market.
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Why did European economic growth during the 1500s?
The rise of Western Europe after 1500 is due largely to growth in countries with access to the Atlantic Ocean and with substantial trade with the New World, Africa, and Asia via the Atlantic.
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What economic system was used by European countries in the 1400s 1800s?
From the 15th to the 19th century, a pattern of global trade flows emerged, mainly based on mercantilism.
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What was the first economic system?
The first is the traditional economy, which is the oldest economic system and can be found in parts of Asia, Africa, and South America. Traditional economies organize their economic affairs the way they have always done (i.e., tradition). Occupations stay in the family.
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What was the economy in the 1600s?
They grew crops such as pumpkin, squash, beans and corn. They also grew lots of tobacco and hemp. The major industries of that time were lumber, shipbuilding, trading and slave labor.
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When did social inequality begin?
Inequality is nothing new. In fact a new study finds it dates back more than 7,000 years, to the Neolithic era. The evidence shows farmers buried with tools had access to better land than those buried without. The findings are detailed today in the Proceedings of the National Academy of Sciences.
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What is the origin of social inequality?
Social inequality results from a society organized by hierarchies of class, race, and gender that unequally distributes access to resources and rights.
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How did social inequality increased in the Neolithic Age?
A recent research paper examining inequality in early Neolithic societies confirms what early-20th century anthropologists already knew, on the basis of comparative studies of farming societies: that the greater the surpluses a society produced, the greater the levels of inequality in that society.
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Was there inequality in the Neolithic era?
During the Neolithic, there don’t seem to be any signs of widespread or acute gender inequality in Neolithic society. However, there are some signs of an increasing predominance of men over women, leading researchers to believe that these are the origins of gender inequality.
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Which of these best defines globalization?
Globalization is the word used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.
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What is the best definition of globalization quizlet?
Definitions of globalization. globalization doesn’t have a specific definition, but basically it is: The worldwide movement towards economic, financial, trade and community integration, as well as social cultural and political.
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Which of the following best defines the term commodity sociology quizlet?
Which of the following best defines the term commodity? a. A physical object we find, grow, or make to meet our needs and those of others.
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What is globalization the process of quizlet economics?
Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by technology.
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Was Capitalism the first economic system?
Capitalism developed historically out of previous systems of feudalism and mercantilism in Europe, and dramatically expanded industrialization and the large-scale availability of mass-market consumer goods.
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Who started the economic system?
Adam Smith was an 18th-century Scottish philosopher. He is considered the father of modern economics. Smith is most famous for his 1776 book, “The Wealth of Nations.”
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