5 Steps to a 5 AP World History, 2014-2015 Edition

(Marvins-Underground-K-12) #1
KEY IDEA

h 193

CHAPTER


22 World Trade


IN THIS CHAPTER


Summary:The manufactured goods of the industrialized West and the raw
materials used to produce them became a primary focus of world trade in the
period between 1750 and 1900. In the Atlantic world, trade largely revolved
around the plantation system and the economic exploitation of the newly
independent nations of Latin America (see Chapter 23). Methods of extract-
ing natural resources from subject nations changed as railroads and roads
were constructed to transport raw materials from the interior of colonies to
port areas for eventual transport to Europe. Instead of small, independent
farm plots owned and cultivated by native peoples, large plantations arose to
replace them. On these new agricultural units, native peoples of Africa, India,
and Southeast Asia produced crops necessary to the industrialized nations of
Europe.

Key Terms
extraterritoriality* Suez Canal*
guano* Tanzimet reforms*
Monroe Doctrine* Treaty of Nanking*
Opium War* Wahhabi rebellion*
Qing dynasty Young Turks*
spheres of infl uence*

Latin American Trade


The profi table sugar plantations of the Caribbean and Brazil were at the heart of Latin
American trade with Europe. Brazil also produced cotton and cacao for European use, and

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