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Chapter 24- Flashcards

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128692507Between 1860 and 1914 what increase Europe's productive capacity to unprecedented levels?the growth of industrialism0
128692508The word economics became increasingly...independent1
128692509What flowed into markets all over the globe and what flowed back into Europe?manufactured foods and financial capital flowed out; raw materials and foodstuffs flowed in2
128692510What are some of Europe's political, economic, and social characteristics?nation-states with large electorates, political parties and centralized bureacracies emerged, business adopted large-scale corporate structures, and the labor force organized itself into trade unions, increasing numbers of white-collar workers appeared,urban life came to predominate throughout western Europe, socialism became a major ingredient in the political life of all nations, the foundations of the welfare state and of vast military establishments were laid, taxation increased accordingly3
128692511In the last half of the 19th century, Europe's population doubled but thereafter...birth and death rates declined or stabilized while the populations in other parts of the worked continued to grow dramatically4

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