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 had to have colonies. Henrich vone Treitschke said " All great nations in their fullness of their strength have desired t…