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AP World History: Modern
Unit 5 – Revolutions (1750-1900)
Topic 5.7
How did industrialization influence global trade patterns during the late eighteenth and early nineteenth centuries?
All countries became exporters of manufactured goods leading to a highly competitive global market scenario.
Global trade declined due to domestic production of goods satisfying internal market demands.
It shifted the focus towards trade of manufactured goods primarily by Western nations with rest providing raw materials or acting as markets for these finished products..
It made every nation self-sufficient reducing dependence on global trade significantly.
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AP World History: Modern - 5.7 Economic Developments and Innovations in the Industrial Age
Key terms
Industrialization
Global Trade Patterns
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Cram Mode
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AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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