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B.S. in Actuarial Science

Otterbein University Course Catalogs

2010-2011 Undergraduate Catalog 
    
    Nov 10, 2024  
2010-2011 Undergraduate Catalog [Archived Catalog]

HIST 421 - CAPITALISM AND THE GLOBAL ECONOMY

Hours: 5
Today it is taken for granted that we live in a global economy: jobs and the standard of living in American are directly affected by economic developments elsewhere in the world and the benefits of global trade are disputed. Starting with the major regional economic systems in the world during the 13th century, this course explores how the modern global economy was created. Viewed from a world perspective, topics covered include how pre-industrial economies develop, how and why global trade networks grew, and understanding the process and impact of industrialization. The course also explores the divergence of Western and Asian economies in the 18th and 19th centuries and the impact of the West on other economies and cultures.