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This question covers all 3 parts of the course. Please put the following events in
World History in chronological order, with the earliest event having the value of 1
and the most recent having a value of 6.
Mercantilism, an economic system that viewed wealth in terms of bullion
(gold and silver) and believed in exporting more goods than one imported,
characterized the Western world.
The New World Encounter connects the globe, and the discovery of
massive amounts of silver in the Americas sparks the global economy.
Neoliberalism comes to dominate policies in the capitalist world. It
involves weakening or destroying labor unions, deregulating industries,
privatizing state-owned assets, and removing obstacles to free trade such
as tariffs.
Labor and other abuses under capitalismn, famously noted by Marx, erupt
in the Mexican and Russian Revolutions,
The Bretton Woods system creates the World Bank and the International
Monetary Fund.
As the industrial revolution began to break out in England, what would
later be known as capitalism-an economic system based on the private
ownership of the means of production and (ideally) free trade-began to
replace mercantilism as the dominant system in the West.
