Econ 515 Essay

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Economics 515 AU12 Midterm 3 Review The exam will have 10, 10-point questions on it from the questions below. 1. Explain briefly how guns and steel aided in Europeans’ attempts to conquer the native population of Africa and the Americas. How did germs work in favor of European conquest against the Incas? How did germs work against the Europeans in their imperialist efforts in Africa? 2. Describe the attempt of Europeans to colonize Africa depicted in Guns, Germs, and Steel. Specifically, how successful were they in South Africa? What happened when they encountered the Khoisan tribes? How about the Zulu? Were they able to successfully settle the interior? Why or why not? 3. List 3 positive impacts on standards…show more content…
8. What was the Zollverein? List 2 other similar arrangements in the Free-Trade Era of Europe. Who were the Junkers? How and why did they successful lobby for protectionist tariffs? Who agitated the passage of the Meline tariff of 1892 and why? 9. Describe important developments in communications and transportation during the Transition Period. Talk about how the backward linkages and forward linkages from these innovations increased growth. 10. Provide three detailed examples of how government interventions promoted economic development during Transition period, 1830-1870. 11. In what two aspects was the 2nd Industrial Revolution different than the 1st Industrial Revolution? List 3 inventions of the 2nd Industrial Revolution. What was the American System of Manufacturing? List 2 industries in which this system was utilized by the Second Industrial Revolution. 12. Discuss the increase in steel production during the Second Industrial Revolution. Specifically, what technological improvements led to greater mass production? Quantify this increase. List 2 forward linkages from the steel industry. 13. Discuss how Great Britain's macroeconomic growth lagged that of other countries since the 2nd Industrial Revolution. Which countries had higher growth rates and due to innovations in which industries? Compare the growth of British per capita income to that of other nations. 14. In what ways were the German and

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