What is a Stock Market Exchange?

A marketplace for stocks, bonds, etc. to trade.

What was the result of Selim III trying to modernize the Ottoman army?

All attempts to modernize the Ottoman Empire stopped

Large family - business in Japan

What are Transnational Companies?

Companies that operate facilities and are headquarted in many countries

What did Cecil Rhodes accomplish?

The establishment of De Beers mining company

John Stewart Mill voiced helped develop Utilitarian moral philosophy. This can be summed up...

As the greatest good for the greatest many

A consequence of having limited liability is that

owners are responsible only for amount they have invested

How did the Industrial Revolution create a new middle class?

Entrepreneurs and merchants profited from industrial growth.

What led to problems within the self-strengthening movement in China in the 1860's?

China suffered increasing foreign interference.

What is the idea of consumerism?

To not only buy what you need but also what you want.

German philosopher who criticized injustice under Capitalism

When the factors of production are owned by the government

Why did the Emperor Guanxu want to introduce a series of reforms in China?

to improve China as a reaction to their defeat to Japan

An economy controlled by private ownership of trade and production.

What was the outcome of the Meiji Restoration?

Japan was modernized, remained mostly independent, and became a world power

What did the edict, Hatt-i Humayan, not include?

The syncretism of different religious communities.

1 seller in the market, no variety in goods

What is a Corporation?

A business owned by stockholders.

What is Industrial Capitalism?

The idea of continuous reinvestment in new businesses.

An economy where prices are set by competition between private businesses.

The early industrial working class faced each of the following EXCEPT:

their control over the seasonal schedule

What economic reforms did Egypt make under Muhammad Ali?

He developed Egyptian agriculture around the cash-crop, cotton

Changed legal codes, tax laws, and education in Turkey

A system where all property is public and people work

A major goal of the Meiji Restoration was to:

become an industrialized nation

The Meiji Restoration was:

The revolution in 1868 that returned the emperor to power

What is a stockholder?

A person that is part owner of a business

What led to problems within the self-strengthening movement in China in the 1860s?

Empress Cixi did not support it

What is mass production?

making a large number of goods exactly the same

Unilever is an example of a TNC that sells ........

food, personal care and cleaning products

What was Mercantilism?

Colonies existed to benefit the mother country

What were the similarities between the Tanzimat reforms and Self-Strengthening movement?

Modernize while retaining cultural values

Explain the importance of Millets to the Ottoman Empire

governed their own communities within the empire

What do Peter the Great, Mahmud II, and Emperor Meiji all have in common?

they implemented western reforms in their nation

Considered the Father of Modern Capitalism

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AP WH Units 5.6-5.9

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Questions 49

Answers

1
What is a Stock Market Exchange?
A fleamarket in which goods are sold.
A place for lunch.
A marketplace for antiques.
A marketplace for stocks, bonds, etc. to trade.
2
What was the result of Selim III trying to modernize the Ottoman army?
The Ottomans win the Crimean war
All attempts to modernize the Ottoman Empire stopped
none of these are correct
He was successful
3
Which of the following was the reason of the failure of the Hundred Days' Reform?
Empress Dowager Cixi abolished all the reform measures.
All of the above.
Empress Dowager Cixi opposed the reform.
Emperor Guangxu was under house arrest.
4
What is a Zaibatsu?
A type of automobile
Large family - business in Japan
Samurai code of Behavior
Glorification of the Military and Readiness for war
5
What are Transnational Companies?
Relationships among people and objects
Companies that are headquarted in only 1 country
Companies that operate facilities and are headquarted in many countries
6
The expansion of US and European influence led to internal reform in Japan.
False
True
7
What did Cecil Rhodes accomplish?
Encouraged the use of subsistence farming
The establishment of De Beers mining company
Founded the Unilever corporation
He lead the Sepoy rebellion
8
John Stewart Mill voiced helped develop Utilitarian moral philosophy. This can be summed up...
As the greatest good for the greatest many
As a strict adherence to religious doctrine
As 'that which is best for the individual is best for all'
As the application of ethics regardless of circumstances
9
A consequence of having limited liability is that
investing in business is free of risk
owners have no control over their business
owners are responsible only for amount they have invested
owners risk not just money invested but also personal wealth
10
Tenements were
well constructed homes
cramped apartments
mansions
spacious apartments
11
What are slums?
Area with skyscrapers
Where rich people live
Town center
Where poor people live
12
How did the Industrial Revolution create a new middle class?
Unions provided financial aid to help the working class get ahead.
European labor unions formed partnerships with factory owners.
Entrepreneurs and merchants profited from industrial growth.
Frequent protests enabled factory workers to have a better living.
13
What led to problems within the self-strengthening movement in China in the 1860's?
Chinese officials feared their jobs would be threatened.
Political rebellions interrupted its progress.
China suffered increasing foreign interference.
Empress Cixi did not support it.
14
What is the idea of consumerism?
To not only buy what you need but also what you want.
To eat as much food as possible.
For everyone to be in the same social class and have the same stuff.
To buy only what you need as nothing else.
15
Karl Marx wrote...
The Leviathan
Wealth of Nations
Social Contract
The Communist Manifesto
16
Who is Karl Marx?
Russian physicist who studied the laws of motion
German philosopher who criticized injustice under Capitalism
Politician in Russia
German psychologist who studied the id, ego, and superego
17
What is Socialism?
When the factors of production are owned privately
When no one owns the factors of production
When the factors of production are owned by the government
When the factors of production are owned by the public.
18
White collar workers are generally:
Office workers
Labourers
19
The Hong Kong and Shanghai Banking Corporation (HSBC) was a British banking company that focused on global banking
False
True
20
All of the following governments promoted their own state-sponsored vision of industrialization EXCEPT...
Japan
China
England
Ottoman Empire
21
Why did the Emperor Guanxu want to introduce a series of reforms in China?
He hated his aunt - Empress Cixi - to anger her
The Westerners demanded it
to improve China as a reaction to their defeat to Japan
It was the will of the people
22
Capitalism
An economy controlled by government regulation of production.
An economy controlled by private ownership of trade and production.
The economic system that was used by the Soviet Union.
A form of government.
23
What was the outcome of the Meiji Restoration?
Japan was modernized, remained mostly independent, and became a world power
The Shogun overthrew the Emperor
Samurai took over for Shogun
Japan became a predominantly Christian nation
24
What did the edict, Hatt-i Humayan, not include?
Declaration of equality for all men in government appointments.
The regulation of millets.
Declaration of equality for all men in education.
The syncretism of different religious communities.
25
What is a monopoly?
Many sellers, Lots of variety of goods
Many sellers, no variety in goods
Mass Variety of goods, 1 seller in the market
1 seller in the market, no variety in goods
26
What is a Corporation?
A business owned and run by.
A business owned by stockholders.
A business not owned by stockholders.
A business that has stockholders, but they do not own it.
27
Commodore Matthew Perry is known for:
is the predecessor to Captain Crunch
circling the Cape of Good Hope
Ending the Franco-Prussian War
opening trade with Japan
28
What is Industrial Capitalism?
The idea of continuous reinvestment in new businesses.
An economy reliant on product production from factories.
A form of Marxism.
Capitals in countries get industrialized.
29
Free Market
A place in a town where people can go to buy and sale goods.
An economy where prices are set by competition between private businesses.
An economy where the government says what and how many goods can be made.
The global economy in which countries can trade with each other.
30
The early industrial working class faced each of the following EXCEPT:
dangerous working conditions
miserable working conditions
their control over the seasonal schedule
minimal pay for long hours
31
What economic reforms did Egypt make under Muhammad Ali?
He opened trade with other Africa nations
He developed Egyptian agriculture around the cash-crop, cotton
He spent money to help industrialize Egypt in order to compete w/Europe
He eliminated all farming in favor of the development of industry
32
The Tanzimat Reforms
Changed legal codes, tax laws, and education in Turkey
Introduced Sharia law and built madāris
Modernized the Turkish Army helping them win WWI
33
What is Communism?
A system where all property is public and people work
A regime characterized by a single leader or group of leaders
A system of government by one person with absolute power.
A government by less, mainly despotic power exercised and privileged group
34
A major goal of the Meiji Restoration was to:
give control to China
end foreign trade
give complete control to the emperor
become an industrialized nation
35
The Meiji Restoration was:
A member of the hereditary warrior class in feudal Japan.
The revolution in 1868 that returned the emperor to power
A conflict fought between Japan and Russia in 1904-1905
When Commodore Perry forced Japan trade with the USA
36
What is a stockholder?
Person discriminated against based on race or religion
The prime business owner
A person that is part owner of a business
People segregated based on race or religion
37
Krupp, Rockefeller, and Carnegie were the three big monopolies
True
False
38
The Toyota Motor Company grew out of a Zaibatsu.
True
False
39
The leader of Egypt who began reforms to modernize its military and economy was
Selim III
Isma'il
Nasir al-Dim
Muhammad Ali
40
What led to problems within the self-strengthening movement in China in the 1860s?
Political rebellions interrupted its progress
Empress Cixi did not support it
Chinese officials feared their positions would be taken away
CHina suffered increasing foreign influence
41
What is mass production?
making a large number of goods exactly the same
concentrating on one particular thing
crossing the Atlantic
communication that reaches a large audience
42
Unilever is an example of a TNC that sells ........
food, personal care and cleaning products
animal, personal care and food products.
personal care and cleaning products
food and cleaning products
43
What was Mercantilism?
Mother country was to support its colonies
colonial Merchants were to trade only with Britain
idea that Colonies should be Independent
Colonies existed to benefit the mother country
44
What were the similarities between the Tanzimat reforms and Self-Strengthening movement?
Oppose British influence
Spark a wave of colonialism
Modernize while retaining cultural values
Decrease influence of Islam in the government
45
Labor unions were started to
get workers better working conditions.
get workers better pay.
get workers representation with factory owners.
all of the above.
46
Explain the importance of Millets to the Ottoman Empire
To tell kids about Santa's reindeer
governed their own communities within the empire
to bring royalties to the queens dog
Constantinople is RAD
47
Lassiez Faire government approach is a hands on government approach.
True
False
48
What do Peter the Great, Mahmud II, and Emperor Meiji all have in common?
they created constitutions to protect the rights of the people
they used the military to expand their nations' territory
they implemented western reforms in their nation
they used religion to justify their rule
49
Who was Adam Smith?
Supporter of women's rights
Created the economic system Mercantilism
Separation of government
Considered the Father of Modern Capitalism

AP WH Units 5.6-5.9 Flashcards | StudBud