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A monopoly is a market structure in which a single seller or producer dominates the supply of a good or service, allowing them to set prices without competition. This lack of competition can lead to higher prices and reduced quality for consumers. In the context of industrialization, monopolies often emerged as companies grew larger and consolidated their power, shaping the economic landscape.
By mid 1400s, the devastation of the Black Plague was wearing off, and the European population began to recover. The 100 years war had come to an end and the printing press was invented, which led to increased literacy. New monarchies begin to rise throughout Europe in the 1500s which begin to centralize power.
AP World Unit 2. Centralization vs. Decentralization. Click the card to flip 👆. Centralization refers to the concentration of power at the top of an organization while decentralization calls for less power at the top of an organizational structure. These initiatives often diverge on calls for more freedom and liberty and calls for equality.
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- global capitalist economy, migration patterns changed dramatically, and the numbers of migrants increased significantly.
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— A deepening and widening of networks of human interaction within Key Concept 3.1 and across regions contributed to cultural, technological, and biological difusion within and between various societies. Improved commercial practices led to an increased volume of trade and expanded the geographical range of existing trade routes—including the Silk ...
— Changes in trade networks resulted from and stimulated increasing productive capacity, with important implications for social and gender structures and environmental processes. Demand for luxury goods increased in Afro–Eurasia. Chinese, Persian, and Indian artisans and merchants expanded their production of textiles and porcelains for export; man...
— Although the world's productive systems continued to be heavily centered on agriculture, major changes occurred in agricultural labor, the systems and locations of manufacturing, gender and social structures, and environmental processes. The demand for labor intensified as a result of the growing global demand for raw materials and finished produ...
— The development of industrial capitalism led to increased standards of living for some, and to continued improvement in manufacturing methods that increased the availability, afordability, and variety of consumer goods. A variety of factors contributed to the growth of industrial production and eventually resulted in the Industrial Revolution, in...
— As states industrialized, they also expanded existing overseas empires and established new colonies and transoceanic relationships. Some states with existing colonies strengthened their control over those colonies and in some cases assumed direct control over colonies previously held by non-state entities. European states, as well as the United S...
— The 18th century marked the beginning of an intense period of revolution and rebellion against existing governments, leading to the establishment of new nation-states around the world. The rise and difusion of Enlightenment thought that questioned established traditions in all areas of life often preceded revolutions and rebellions against existi...
— As a result of the emergence of transoceanic empires and
Migration in many cases was influenced by changes in demographics in both industrialized and unindustrialized societies that presented challenges to existing patterns of living. Because of the nature of new modes of transportation, both internal and external migrants increasingly relocated to cities. This pattern contributed to the significant glob...
— Rapid advances in science and technology altered the understanding of the universe and the natural world and led to advances in communication, transportation, industry, agriculture, and medicine. New modes of communication—including radio communication, cellular communication, and the internet—as well as transportation, including air travel and s...
— Peoples and states around the world challenged the existing political and social order in varying ways, leading to unprecedented worldwide conflicts. The West dominated the global political order at the beginning of the 20th century, but both land-based and maritime empires gave way to new states by the century’s end. As a result of internal tens...
— The role of the state in the domestic economy varied, and new institutions of global association emerged and continued to develop throughout the century. States responded in a variety of ways to the economic challenges of the 20th century. In the Soviet Union, the government controlled the national economy through the Five Year Plans, often imple...
Genocide. The deliberate, systematic destruction of a racial, political or cultural group. Global. Of or relating to the entire world. Globolization. The development of an increasingly integrated world economy. Habitat. The place or environment where a plant, animal or person naturally lives. Hegemony.
AP World History: Modern glossary of key terms with definitions, must-know facts, ... AP World History: Modern. Unit 0 – Before 1200 CE. Unit 1 – The Global ...
The AP World History: Modern framework included in the course and exam description outlines distinct skills that students should practice throughout the year—skills that will help them learn to think and act like historians. Skill. Description. 1. Developments and Processes. Identify and explain historical developments and processes.
