Europeans also became engaged in the slave trade. Also, "Linked to overseas expansion was some other phenomenon---an unprecedented puffiness during the sixteenth century, known as the price reduction" (Perry, Vol. I, 334). such inflation had never been experienced before. Governments tried to stem inflation, that their inappropriate efforts often made stinting conditions worse. Perry et al. argue that it was in all likelihood the flow of silver from the new world which eventually "exceeded the necessary expansion of the m championy supply and . . . began contributing to the inflation" (Perry, Vol. I, 335).
These economic changes in turn led to changes in agricultural policies. The chew out in prices, especially food prices, "spurred ambitious farmers to take value of the situation and to produce for the expanding market" (Perry, Vol. I, 335) which was in turn caused by a rapidly expanding population in Europe. Perry et al. argue, then, that the discoveries and exploits in the new world were an important factor in the overall socioeconomic transformation in Europe which created capitalism itself. Even in the sixteenth century, we see that imperialism and capitalism are connected:
In an unprecedented development that may never be repeated, whizz small part of the world, western Europe, had become the lord of the sea
Industrialism certainly transformed society in a number of irreversible ways which, ultimately, meant freedom from the multifariousness of terrible working and living conditions which the working class suffered in the midst of industrialism's early decades:
4. The role of the League of Nations and the United Nations in world affairs has been a mixed one. The League of Nations was by and large regarded to digest been a trouble in influencing world affairs. The failure of the League of Nations was in part due to its lack of power, useless organization, and the refusal of the United States to be an active member upon its founding after(prenominal) World War II.
3.
As with industrialism, the evaluation of imperialism depends on whether one was an imperialist or a member of the exploited. From the havepoint of Europeans, imperialism was positive. Europeans origination in the sixteenth century embarked on a world-wide program of warfare, exploitation and enslavement which built empires and created a world which benefitted Europeans and increased the misery of the people in nations added to those empires. From the point of view of the nations held captive in one way or another by Europeans and the United States, imperialism was an insidious force whose negative personal effects persist still today.
Still, the same authors argue that "the Industrial transformation was also a great force for benignant betterment. . . . It raised the standard of living, even for the lowest classes, lengthening life expectancy, and provided more than leisure time and more possibilities for people to fulfill their authority" (Perry, Sources, 135).
it is only when [a person] has visited the slums of this great metropolis that the inhabitants of modern London have had to sacrifice so much that is best in human nature in order to create those wonders of civilisation with which their city teems (Perry, Sources, 148).
2. Whether industrialism was good or bad depended on whether one was an industrialist or a worker. Industrialism, in other
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