Global trade note 1750-1914

"Third world": A term usually used to describe underdeveloped nations such as ones in Africa, Asia, and Latin America. These nations are underdeveloped in comparison to America and Europe. Pale of Settlement: Term used to describe when one group is confined to a certain area. "new imperialism": The seizure of Africa and Asia through the use of colonies rather by European nations. Traditionalist response to imperialism: People believed for a country to be strong it …

…be recognized by other states. As a result more European countries would rapidly push into the interior of African countries. Egyptian Nationalist party : Lead by Ahemed Arabi the group was a response to European control of the Egyptian budget. Suez Canal: Made loading and trading faster, easier, and cheaper in world trade. British fought a bloody war over and Sudan and America took control of the Panam canal for national security reasons until just recntly.