[HIS385H1] - Midterm Exam Guide - Comprehensive Notes for the exam (14 pages long!)
Document Summary
Globalization of trade, 16 the - 18th century (globalization of capital) Trade in china because it is a cheap way. World views - trade - war - colony. Relations between equals (the only difference is the wealthy and cows) Wealth and power (european thinks that imperialism brings people wealth and power. More colony you have, you have more power and authority, the large your empire will be) Subject to chinese laws (european can not accept chinese law because they think that some of the laws are cured ) Industrial revolution, late 18 th - 19 th cent. Tea tax = 16% of br. govt. revenue. 1800-1810 : 26m tael /year (1 tael = 40 grams) India under beic admin - monopoly on indian opium, early 195h century. Triangular trade before 1830s: britain, india, china. Social problem (opium became very cheap, every chinese is able to buy opium and they are addictive. People sell wife, daughters to buy opium )
