1. Neo-liberal idealogy

Advocates the privatization of state-owned sectors and economic deregulation.

2. Core-periphery model

Colonies as 'resource peripheries'—supplying commodities, foodstuffs, raw goods to core

3. Core

consumption of commodities; supplying growing industries (where industrialization took place)

4. colonies

captive markets for manufacturing goods

5. rural to urban

migration was generally ____to____

6. gindustrialization

Large-scale, mechanized, standardized production; lower costs; mass consumer markets

7. south to north

the world's balance of power shifted from ____ to ____

8. Medieval Trade Networks

controlled by Italian city-states (venice) through their relationships with Islamic/Mongol Empires, and China (Silk Route).Luxury goods. Very prosperous, many royals wanted a hand in it