Social Darwinism: A Detailed Summary

Social Darwinism is a theory that applies the concept of ‘survival of the fittest’ from Charles Darwin’s theory of natural selection to human societies, often justifying inequality, imperialism, and social hierarchy. It is most commonly seen in history in terms of economic, the Age of Imperialism and Nazi Germany.

Classical Liberalism: A Detailed Summary

Classical Liberalism is a right-wing ideology and based upon the values of political and economic individualism.  This means that it highly values individual freedoms and limited government intervention in the lives of citizens.

Mercantilism: A Detailed Summary

Mercantilism was an important aspect of life during the time of the Age of Exploration. This article details the history and significance of mercantilism.

Adam Smith: A Detailed Biography

Adam Smith, an important figure in economics, is best known for his influential work ‘Wealth of Nations’, that shaped the field of modern economics. Smith’s ideas on free markets, the division of labor, and the ‘invisible hand’ have become fundamental economic principles.

Silk Road: A Detailed Summary

The Silk Road was an ancient trade route that spread across Asia and Europe from approximately 120 BCE to 1450 CE. This article details the history, and significance of the Silk Road, especially in relation to the Middle Ages, the Renaissance and the Black Death.

Trade Triangle: A Detailed Summary

The Trade Triangle was a system of transatlantic trade in the 16th to 19th centuries where goods, enslaved Africans, and raw materials were exchanged between Europe, Africa, and the Americas. This article details the history and significance of the Trade Triangle.

Stock Market Crash of 1929: A Detailed Summary

The stock market crash of 1929 was a pivotal event that triggered the Great Depression, leading to widespread economic hardship and significant changes in society. The impacts of the stock market crash of 1929 are still felt today with modern economic theory.