Deck 6: Industrialization and the Expansion of the World-System

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Question
In 1900 the capitalist core was made up principally of:

A) the United States, England, the Netherlands, and Japan
B) Russia, Japan, the Netherlands, and England
C) the United States, the United Kingdom, Germany, and France
D) the United States, England, Spain, and Italy
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to flip the card.
Question
Transnational corporations are:

A) capitalist companies allowed to sell their products internationally
B) capitalist companies that have made major strides toward internationalizing their production processes
C) Western companies that do extensive business with the Soviet Union and other Eastern European countries
D) corporations with a heightened sense of social responsibility
Question
A country that has achieved hegemonic status within the world-system is one that:

A) has simultaneously come to dominate world production, commerce, and finance
B) developed the world's largest army
C) will be able to destroy the economies of most other countries
D) has turned the capitalist world-system into a world-empire
Question
China's failure to become the first industrialized nation despite her technological equality with western Europe in 1500 indicates:

A) that technological advance depends on far more than a society's overall capability
For such advance
B) that China probably possessed characteristics that constituted serious obstacles to further technological development
C) both of these
D) neither of these
Question
Industrial capitalism differs from other forms of capitalism in that it involves the:

A) earning of profit through the exploitation of wage workers
B) reorganization of the work force into the factory system
C) establishment of the factory as the basic unit of production
D) all of these
Question
The leading industry of the Industrial Revolution during its first phase was:

A) opium production
B) railroads
C) textile manufacturing
D) electricity
E) mining
Question
How many societies have achieved hegemonic status within the capitalist world-system throughout its history?

A) 3
B) 8
C) 1
D) 12
Question
The European experience with industrialization suggests that:

A) capitalism has an inherent bias toward technological development for its own sake
B) capitalist evolution and technological innovation are largely unrelated processes
C) capitalism has an inherent bias toward increased profitability, which can be greatly aided by technological innovation
D) none of these
Question
The process whereby economic and social relationships come to be increasingly dominated by the logic of capitalist production is known as the:

A) deepening of capitalism
B) broadening of capitalism
C) amplification of capitalism
D) maturation of capitalism
Question
Japan was incorporated into the world-economy as a country:

A) core
B) semiperipheral
C) peripheral
D) state socialist
Question
The Industrial Revolution:

A) was a technological revolution only
B) involved a series of technological developments that radically reorganized the nature of capitalism
C) was immediately recognized as such by those who lived through it
D) none of these
Question
The first phase of the Industrial Revolution took place in from approximately :

A) England; 1760-1830
B) England; 1700-1750
C) Germany; 1760-1860
D) France; 1800-1860
E) United States; 1790-1870
Question
Which of the following has Wallerstein identified as fundamental trends in the evolution of the capitalist world-economy?

A) increasing mechanization of production
B) increasing commodification of the factors of production
C) increasing proletarianization of the labor force
D) all of these
Question
The most distinctive development in the evolution of capitalism beginning in the late nineteenth century was:

A) the rise of giant monopolies
B) the increasing competitiveness of capitalism
C) a decrease in the rate of foreign investment by core countries
D) the emergence of England as the dominant core power
Question
The increasing specialization of labor signifies all three major trends of capitalist evolution; that is, it results from a combination of and leads to the increasing of work and the worker:

A) mechanization and commodification; proletarianization
B) mechanization and proletarianization; commodification
C) mechanization and proletarianization; degradation
D) proletarianization and commodification; mechanization
Question
When viewed in the context of the evolution of the capitalist world-economy, the Industrial Revolution:

A) should be seen as part of a continuous process of the mechanization of production
B) should be seen as representing the first phase of rapid expansion of the capitalist world-economy
C) represents a "great divide" in world history
D) all of the above
Question
In which of the following ways is Japanese capitalism distinct from that of the West?

A) Japanese firms are less oriented toward making profits
B) Japanese workers have little job security
C) Japanese firms are more competitive with one another
D) Japanese workers show a higher degree of loyalty to their companies
Question
Monopoly capitalism:

A) refers to a phase of capitalist development in which the competitive character of capitalism disappears completely
B) emerged at the turn of the nineteenth century
C) refers to a phase of capitalist development in which a few large corporations dominate the market for many industries
D) all of the above
Question
According to Sanderson and Alderson, the primary cause of the Industrial Revolution was:

A) the extensive urbanization of Western Europe
B) overpopulation and stagnating standards of living
C) the sudden expansion of humankind's intellectual powers of invention
D) the desire of capitalist entrepreneurs to expand economic productivity and widen markets
Question
Sanderson and Alderson suggest that the idea that the Industrial Revolution was rooted in population pressure:

A) is supported by the fact that so many other technological innovations have been rooted in population pressure
B) should be combined with other theories of the Industrial Revolution in order to yield a satisfactory explanation
C) is unsound
D) none of these
Question
Andre Gunder Frank argues that the rapid ascent of the United States as a world- economic power was facilitated by its:

A) privileged position in the mercantile trading system
B) incredibly strong military
C) "megastate" status
D) all of these
E) none of these
Question
Sanderson and Alderson argue which of the following about the world's next hegemonic power?

A) given its strong economic position in the world-economy, it is very likely that Japan will be the next hegemon
B) it is unlikely that Japan will be the next hegemonic power because it is militarily weak
C) there is a good chance China will be the next hegemon
D) two of these
E) none of these
Question
Which of the following is a reason for the enormous economic development of the United States in the nineteenth and twentieth centuries?

A) the insertion of the US colonies into several triangular trades
B) the enormous amount of land and natural resources
C) the creation of a "megastate" after the end of the Civil War
D) all of these
Question
The first hegemonic power of the world-economy was:

A) Britain
B) The United States
C) Holland
D) France
E) Japan
Question
Giovanni Arrighi's systemic cycles of accumulation consist of two phases in each cycle. These are:

A) production/commerce phase; finance phase
B) industrial phase; finance phase
C) production/commerce phase; free market phase
D) none of these
Question
According to Wallerstein, which of the following countries have been hegemonic in the modern world-system?

A) Holland, Great Britain, and the United States
B) Holland
C) Great Britain and the United States
D) Great Britain, the United States, and Germany
Question
Which of the following is a basic reason why hegemons eventually lose their hegemony?

A) a hegemon's rivals will gang up on it and try to undercut its advantage
B) the things that made a hegemon effective tend to work for a limited time and eventually lose their effectiveness
C) both of these
D) neither of these
Question
A hegemonic society is one that:

A) is economically "number one"
B) controls a very strong military
C) has a very strong state
D) all of these
E) none of these
Question
British hegemony was based on:

A) global militarism
B) free trade
C) a very strong commitment to finance or commercial capitalism
D) all of these
E) none of these
Question
A general theory of hegemonic decline proposes which of the following to be an important cause of hegemonic decline?

A) the hegemonic society begins favoring free trade policies, thereby providing opportunities for competitors
B) internal obstacles, such as declining productive activity, reduce the hegemon's ability to maintain its position as the number one power
C) competing economic powers "gang up" on the hegemon to weaken it
D) the high standard of living in the hegemonic society leads to inefficiencies in that society
E) all of these
Question
Great Britain was hegemonic in the world-system between:

A) 1800 and 1945
B) 1815 and 1873
C) 1760 and 1830
D) 1865 and 1915
Question
Which of the following is a basic reason why British hegemony waned?

A) religious decay
B) insufficient technological development
C) an insufficient commitment to global militarism
D) a failure to invest sufficiently in industrial production
Question
According to Giovanni Arrighi, modern capitalism has gone through systemic cycles of accumulation:

A) 2
B) 6
C) 4
D) 8
E) 11
Question
The main economic rivals of Britain in the late nineteenth and early twentieth centuries were:

A) Germany and Italy
B) the United States and Japan
C) the United States and France
D) Germany and the United States
Question
The loss of American hegemony is revealed by such things as:

A) the wave of deindustrialization that began to sweep through the United States in the 1960s and 1970s
B) the reduction between 1956 and 1980 of the number of the world's top 50 firms that were American
C) the reduction between 1956 and 1980 of the number of different industries in which the United States was producing
D) all of these
Question
The capitalist world-system has been an expanding system, which means that it:

A) has gradually become industrialized over time
B) will never reach any geographical or economic limits
C) has brought an increasing amount of the globe under its influence over time
D) all of these
Question
One major reason for the decline of the United States as a hegemonic power is:

A) its resources were greatly exhausted after fighting two major world wars
B) its aging technological infrastructure led to costly replacements
C) it committed itself too heavily to militarism
D) none of these
Question
If Giovanni Arrighi's notion of the systemic cycle of accumulation is correct, then we should expect which of the following in the near future?

A) a great boost in the hegemonic power of the United States
B) a cyclical return to the rise of Genoa as a world-economic power
C) a great decline in the hegemonic power of the United States, followed by the rise of a new hegemonic power
D) none of these
Question
The capitalist world-system is not only an expanding system, for it is also an evolving system. This means that it has:

A) gotten bigger over time
B) changed its structure over time
C) improved over time
D) none of these
Question
Graeme Donald Snooks argues that the rapid ascent of the United States as a world- economic power was due to:

A) its "megastate" character
B) its privileged position in the mercantile trading system
C) the huge amount of land it possessed west of the original colonies
D) two of these
E) none of these
Question
The state played only a modest role in the industrialization of Japan.
Question
Capitalism has become more competitive as it has evolved and expanded.
Question
Wallerstein supports the idea that the Industrial Revolution represented a dramatic rupture with the past.
Question
According to Wallerstein, Great Britain was the world's second great hegemonic power.
Question
Japan's incorporation into the capitalist world-economy began in the late eighteenth century.
Question
Compared to Western society, and especially the United States, Japan's version of capitalism is based less on collectivism and asceticism.
Question
Transnational corporations have had only subtle effects on the functioning of capitalism.
Question
The turn of the twentieth century witnessed the relative decline of Great Britain and the relative ascent of the United States in the world-economy.
Question
Contemporary Japanese capitalism differs from capitalism in the West in terms of labor-management relations and the length of time Japanese workers work for a particular company.
Question
The Industrial Revolution began in England in the late eighteenth century.
Question
In 1997 the total revenues of General Motors exceeded the revenues of Norway, Finland, Denmark, Poland, Portugal, Hong Kong, and Singapore.
Question
Industrialization is best thought of as a continual process rather than as a discrete event or series of events.
Question
The spearhead of the Industrial Revolution was textile manufacturing.
Question
The only necessary requirement for a society to be a hegemonic power is that it be economically "number one."
Question
The state contributed to the industrialization of Japan by subsidizing industry and encouraging the formation of a system of national banks.
Question
Increasing proletarianization occurs when a growing percentage of the work force exists under conditions of poverty.
Question
The Industrial Revolution was a perplexing occurrence that was difficult to deduce from the evolutionary logic of the capitalist world-economy.
Question
Considerable mechanization occurred in Europe in the centuries prior to the Industrial Revolution, especially during the period between 1540 and 1640.
Question
Smaller capitalist producers in the late nineteenth century welcomed the formation of giant monopolies because they brought more buyers to the marketplace.
Question
Sanderson and Alderson argue that Confucianism has played an important role in the economic development of Japan.
Question
Why did industrialization begin in other parts of Europe and in North America not long after it originated in England?
Question
Discuss the basic evolutionary trends that Wallerstein has identified as most characteristic of the trajectory of modern capitalism. Why does capitalism have the kind of "evolutionary logic" that it does?
Question
According to Arrighi's systemic cycles of accumulation, it is inevitable that hegemonic powers will eventually turn to a finance phase of capitalism.
Question
Why did England rather than China became the first nation to industrialize? Discuss.
Question
Discuss the basic reasons why hegemons decline. Refer to the cases of Great Britain and the United States as illustrating these reasons.
Question
Discuss the incorporation of Japan into the capitalist world-economy and the beginnings of its industrialization. What are some of the things that distinguish Japanese capitalism today from capitalism in the West?
Question
Describe and explain what is required for a society to become a hegemon in the world-economy. Use examples of actual hegemons to support your arguments.
Question
The rapid ascent of the United States as a hegemonic world power was greatly facilitated by the existence of early railroad systems that spanned the country.
Question
What was the Industrial Revolution, and when and where did it occur? Immanuel Wallerstein suggests that the Industrial Revolution was not really revolutionary at all. Explain what he means.
Question
What is monopoly capitalism and when and why did it develop?
Question
Sanderson and Alderson argue that chances are good the United States will not decline much more as a hegemonic power.
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Deck 6: Industrialization and the Expansion of the World-System
1
In 1900 the capitalist core was made up principally of:

A) the United States, England, the Netherlands, and Japan
B) Russia, Japan, the Netherlands, and England
C) the United States, the United Kingdom, Germany, and France
D) the United States, England, Spain, and Italy
the United States, the United Kingdom, Germany, and France
2
Transnational corporations are:

A) capitalist companies allowed to sell their products internationally
B) capitalist companies that have made major strides toward internationalizing their production processes
C) Western companies that do extensive business with the Soviet Union and other Eastern European countries
D) corporations with a heightened sense of social responsibility
capitalist companies that have made major strides toward internationalizing their production processes
3
A country that has achieved hegemonic status within the world-system is one that:

A) has simultaneously come to dominate world production, commerce, and finance
B) developed the world's largest army
C) will be able to destroy the economies of most other countries
D) has turned the capitalist world-system into a world-empire
has simultaneously come to dominate world production, commerce, and finance
4
China's failure to become the first industrialized nation despite her technological equality with western Europe in 1500 indicates:

A) that technological advance depends on far more than a society's overall capability
For such advance
B) that China probably possessed characteristics that constituted serious obstacles to further technological development
C) both of these
D) neither of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
5
Industrial capitalism differs from other forms of capitalism in that it involves the:

A) earning of profit through the exploitation of wage workers
B) reorganization of the work force into the factory system
C) establishment of the factory as the basic unit of production
D) all of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
6
The leading industry of the Industrial Revolution during its first phase was:

A) opium production
B) railroads
C) textile manufacturing
D) electricity
E) mining
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
7
How many societies have achieved hegemonic status within the capitalist world-system throughout its history?

A) 3
B) 8
C) 1
D) 12
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
8
The European experience with industrialization suggests that:

A) capitalism has an inherent bias toward technological development for its own sake
B) capitalist evolution and technological innovation are largely unrelated processes
C) capitalism has an inherent bias toward increased profitability, which can be greatly aided by technological innovation
D) none of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
9
The process whereby economic and social relationships come to be increasingly dominated by the logic of capitalist production is known as the:

A) deepening of capitalism
B) broadening of capitalism
C) amplification of capitalism
D) maturation of capitalism
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
10
Japan was incorporated into the world-economy as a country:

A) core
B) semiperipheral
C) peripheral
D) state socialist
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
11
The Industrial Revolution:

A) was a technological revolution only
B) involved a series of technological developments that radically reorganized the nature of capitalism
C) was immediately recognized as such by those who lived through it
D) none of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
12
The first phase of the Industrial Revolution took place in from approximately :

A) England; 1760-1830
B) England; 1700-1750
C) Germany; 1760-1860
D) France; 1800-1860
E) United States; 1790-1870
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
13
Which of the following has Wallerstein identified as fundamental trends in the evolution of the capitalist world-economy?

A) increasing mechanization of production
B) increasing commodification of the factors of production
C) increasing proletarianization of the labor force
D) all of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
14
The most distinctive development in the evolution of capitalism beginning in the late nineteenth century was:

A) the rise of giant monopolies
B) the increasing competitiveness of capitalism
C) a decrease in the rate of foreign investment by core countries
D) the emergence of England as the dominant core power
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
15
The increasing specialization of labor signifies all three major trends of capitalist evolution; that is, it results from a combination of and leads to the increasing of work and the worker:

A) mechanization and commodification; proletarianization
B) mechanization and proletarianization; commodification
C) mechanization and proletarianization; degradation
D) proletarianization and commodification; mechanization
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
16
When viewed in the context of the evolution of the capitalist world-economy, the Industrial Revolution:

A) should be seen as part of a continuous process of the mechanization of production
B) should be seen as representing the first phase of rapid expansion of the capitalist world-economy
C) represents a "great divide" in world history
D) all of the above
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
17
In which of the following ways is Japanese capitalism distinct from that of the West?

A) Japanese firms are less oriented toward making profits
B) Japanese workers have little job security
C) Japanese firms are more competitive with one another
D) Japanese workers show a higher degree of loyalty to their companies
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
18
Monopoly capitalism:

A) refers to a phase of capitalist development in which the competitive character of capitalism disappears completely
B) emerged at the turn of the nineteenth century
C) refers to a phase of capitalist development in which a few large corporations dominate the market for many industries
D) all of the above
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
19
According to Sanderson and Alderson, the primary cause of the Industrial Revolution was:

A) the extensive urbanization of Western Europe
B) overpopulation and stagnating standards of living
C) the sudden expansion of humankind's intellectual powers of invention
D) the desire of capitalist entrepreneurs to expand economic productivity and widen markets
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
20
Sanderson and Alderson suggest that the idea that the Industrial Revolution was rooted in population pressure:

A) is supported by the fact that so many other technological innovations have been rooted in population pressure
B) should be combined with other theories of the Industrial Revolution in order to yield a satisfactory explanation
C) is unsound
D) none of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
21
Andre Gunder Frank argues that the rapid ascent of the United States as a world- economic power was facilitated by its:

A) privileged position in the mercantile trading system
B) incredibly strong military
C) "megastate" status
D) all of these
E) none of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
22
Sanderson and Alderson argue which of the following about the world's next hegemonic power?

A) given its strong economic position in the world-economy, it is very likely that Japan will be the next hegemon
B) it is unlikely that Japan will be the next hegemonic power because it is militarily weak
C) there is a good chance China will be the next hegemon
D) two of these
E) none of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
23
Which of the following is a reason for the enormous economic development of the United States in the nineteenth and twentieth centuries?

A) the insertion of the US colonies into several triangular trades
B) the enormous amount of land and natural resources
C) the creation of a "megastate" after the end of the Civil War
D) all of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
24
The first hegemonic power of the world-economy was:

A) Britain
B) The United States
C) Holland
D) France
E) Japan
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
25
Giovanni Arrighi's systemic cycles of accumulation consist of two phases in each cycle. These are:

A) production/commerce phase; finance phase
B) industrial phase; finance phase
C) production/commerce phase; free market phase
D) none of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
26
According to Wallerstein, which of the following countries have been hegemonic in the modern world-system?

A) Holland, Great Britain, and the United States
B) Holland
C) Great Britain and the United States
D) Great Britain, the United States, and Germany
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
27
Which of the following is a basic reason why hegemons eventually lose their hegemony?

A) a hegemon's rivals will gang up on it and try to undercut its advantage
B) the things that made a hegemon effective tend to work for a limited time and eventually lose their effectiveness
C) both of these
D) neither of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
28
A hegemonic society is one that:

A) is economically "number one"
B) controls a very strong military
C) has a very strong state
D) all of these
E) none of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
29
British hegemony was based on:

A) global militarism
B) free trade
C) a very strong commitment to finance or commercial capitalism
D) all of these
E) none of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
30
A general theory of hegemonic decline proposes which of the following to be an important cause of hegemonic decline?

A) the hegemonic society begins favoring free trade policies, thereby providing opportunities for competitors
B) internal obstacles, such as declining productive activity, reduce the hegemon's ability to maintain its position as the number one power
C) competing economic powers "gang up" on the hegemon to weaken it
D) the high standard of living in the hegemonic society leads to inefficiencies in that society
E) all of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
31
Great Britain was hegemonic in the world-system between:

A) 1800 and 1945
B) 1815 and 1873
C) 1760 and 1830
D) 1865 and 1915
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
32
Which of the following is a basic reason why British hegemony waned?

A) religious decay
B) insufficient technological development
C) an insufficient commitment to global militarism
D) a failure to invest sufficiently in industrial production
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
33
According to Giovanni Arrighi, modern capitalism has gone through systemic cycles of accumulation:

A) 2
B) 6
C) 4
D) 8
E) 11
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
34
The main economic rivals of Britain in the late nineteenth and early twentieth centuries were:

A) Germany and Italy
B) the United States and Japan
C) the United States and France
D) Germany and the United States
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
35
The loss of American hegemony is revealed by such things as:

A) the wave of deindustrialization that began to sweep through the United States in the 1960s and 1970s
B) the reduction between 1956 and 1980 of the number of the world's top 50 firms that were American
C) the reduction between 1956 and 1980 of the number of different industries in which the United States was producing
D) all of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
36
The capitalist world-system has been an expanding system, which means that it:

A) has gradually become industrialized over time
B) will never reach any geographical or economic limits
C) has brought an increasing amount of the globe under its influence over time
D) all of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
37
One major reason for the decline of the United States as a hegemonic power is:

A) its resources were greatly exhausted after fighting two major world wars
B) its aging technological infrastructure led to costly replacements
C) it committed itself too heavily to militarism
D) none of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
38
If Giovanni Arrighi's notion of the systemic cycle of accumulation is correct, then we should expect which of the following in the near future?

A) a great boost in the hegemonic power of the United States
B) a cyclical return to the rise of Genoa as a world-economic power
C) a great decline in the hegemonic power of the United States, followed by the rise of a new hegemonic power
D) none of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
39
The capitalist world-system is not only an expanding system, for it is also an evolving system. This means that it has:

A) gotten bigger over time
B) changed its structure over time
C) improved over time
D) none of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
40
Graeme Donald Snooks argues that the rapid ascent of the United States as a world- economic power was due to:

A) its "megastate" character
B) its privileged position in the mercantile trading system
C) the huge amount of land it possessed west of the original colonies
D) two of these
E) none of these
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
41
The state played only a modest role in the industrialization of Japan.
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
42
Capitalism has become more competitive as it has evolved and expanded.
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
43
Wallerstein supports the idea that the Industrial Revolution represented a dramatic rupture with the past.
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
44
According to Wallerstein, Great Britain was the world's second great hegemonic power.
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
45
Japan's incorporation into the capitalist world-economy began in the late eighteenth century.
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
46
Compared to Western society, and especially the United States, Japan's version of capitalism is based less on collectivism and asceticism.
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
k this deck
47
Transnational corporations have had only subtle effects on the functioning of capitalism.
Unlock Deck
Unlock for access to all 71 flashcards in this deck.
Unlock Deck
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48
The turn of the twentieth century witnessed the relative decline of Great Britain and the relative ascent of the United States in the world-economy.
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49
Contemporary Japanese capitalism differs from capitalism in the West in terms of labor-management relations and the length of time Japanese workers work for a particular company.
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50
The Industrial Revolution began in England in the late eighteenth century.
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51
In 1997 the total revenues of General Motors exceeded the revenues of Norway, Finland, Denmark, Poland, Portugal, Hong Kong, and Singapore.
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52
Industrialization is best thought of as a continual process rather than as a discrete event or series of events.
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53
The spearhead of the Industrial Revolution was textile manufacturing.
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54
The only necessary requirement for a society to be a hegemonic power is that it be economically "number one."
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55
The state contributed to the industrialization of Japan by subsidizing industry and encouraging the formation of a system of national banks.
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56
Increasing proletarianization occurs when a growing percentage of the work force exists under conditions of poverty.
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57
The Industrial Revolution was a perplexing occurrence that was difficult to deduce from the evolutionary logic of the capitalist world-economy.
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58
Considerable mechanization occurred in Europe in the centuries prior to the Industrial Revolution, especially during the period between 1540 and 1640.
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59
Smaller capitalist producers in the late nineteenth century welcomed the formation of giant monopolies because they brought more buyers to the marketplace.
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60
Sanderson and Alderson argue that Confucianism has played an important role in the economic development of Japan.
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61
Why did industrialization begin in other parts of Europe and in North America not long after it originated in England?
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62
Discuss the basic evolutionary trends that Wallerstein has identified as most characteristic of the trajectory of modern capitalism. Why does capitalism have the kind of "evolutionary logic" that it does?
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63
According to Arrighi's systemic cycles of accumulation, it is inevitable that hegemonic powers will eventually turn to a finance phase of capitalism.
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64
Why did England rather than China became the first nation to industrialize? Discuss.
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65
Discuss the basic reasons why hegemons decline. Refer to the cases of Great Britain and the United States as illustrating these reasons.
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66
Discuss the incorporation of Japan into the capitalist world-economy and the beginnings of its industrialization. What are some of the things that distinguish Japanese capitalism today from capitalism in the West?
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67
Describe and explain what is required for a society to become a hegemon in the world-economy. Use examples of actual hegemons to support your arguments.
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68
The rapid ascent of the United States as a hegemonic world power was greatly facilitated by the existence of early railroad systems that spanned the country.
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69
What was the Industrial Revolution, and when and where did it occur? Immanuel Wallerstein suggests that the Industrial Revolution was not really revolutionary at all. Explain what he means.
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70
What is monopoly capitalism and when and why did it develop?
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71
Sanderson and Alderson argue that chances are good the United States will not decline much more as a hegemonic power.
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