Chapter 24- Flashcards

128692507	Between 1860 and 1914 what increase Europe's productive capacity to unprecedented levels?	the growth of industrialism	0
128692508	The word economics became increasingly...	independent	1
128692509	What 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 in	2
128692510	What 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 accordingly	3
128692511	In 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 dramatically	4