Unit 8: Revolutions (Part 2): The Global Trade Summit

Duration: Up to 8 hours

Overview

This 6 to 8-hour project, “The Global Trade Summit,” is designed to explore the Industrial Revolution’s impact on trade policies, economic sectors, and industrial economies. You will research historical contexts, create a fictional trade summit presentation, and reflect on economic patterns. The project includes collaborative and individual tasks, encouraging creativity and critical thinking.


Materials Needed: Computer/tablet with internet access, paper, pens, art supplies (optional for visuals), timer.

Project Breakdown

 

Session 1: Research & Context (Approximately 2 hours)

Introduction:

The Industrial Revolution (roughly 1750–1900) was a transformative period that shifted societies from agrarian to industrial economies, driven by technological innovations, trade policies, and economic restructuring.

Trade Policies and the World Economy: The era saw a shift from mercantilism (state-controlled trade to amass wealth) to free trade, exemplified by Britain’s repeal of the Corn Laws (1846). Global trade networks expanded due to colonial empires, with raw materials (e.g., cotton from India) fueling European and American industries. Steamships and railroads enhanced global commerce, creating an interconnected world economy.

Development of Industrial Economies: Innovations like the steam engine, spinning jenny, and mechanized factories revolutionized production, shifting economies from agriculture to manufacturing. Britain led, followed by the U.S. and parts of Europe. Urbanization surged as people moved to cities for factory jobs, and capital investment grew, laying the foundation for modern capitalism.

The Impact of the Industrial Revolution

Economic Sectors and Patterns: Economies diversified into primary (raw materials, e.g., mining), secondary (manufacturing, e.g., textiles), and tertiary (services, e.g., banking) sectors. Industrial regions specialized, with patterns like Britain’s textile dominance or the U.S.’s steel production, driven by resource availability and trade networks.

 

Session 2: Create a Fictional Trade Summit (Approximately 2 hours)

Setup:

What is a Trade Minister?

A Trade Minister is a government official responsible for overseeing a country’s international trade policies, negotiating trade agreements, and promoting economic growth through trade and investment. Their role is pivotal in shaping how a nation engages with the global economy, balancing domestic interests with international opportunities. Below is an overview of a Trade Minister’s responsibilities, focusing on trade policies and economic sectors, contextualized for the Industrial Revolution period (1750–1900) to align with your project, while also incorporating broader insights for a comprehensive understanding.

Responsibilities of a Trade Minister

A Trade Minister develops and implements policies to regulate imports, exports, and foreign investment, aiming to strengthen the domestic economy and enhance global competitiveness. Their work spans economic sectors (primary, secondary, tertiary) and involves collaboration with other government agencies, businesses, and international organizations like the World Trade Organization (WTO) in modern contexts, though during the Industrial Revolution, such coordination was less formalized.

Korea ramps up efforts to finalize trade deal with U.S.

Crafting Trade Policies

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Corn Law Petitions | Parliamentary Archives

Promoting Economic Sectors

Trade Wars: A Look at the Smoot-Hawley Tariff

Negotiating Trade Agreements

How Does The Cobden-Chevalier Treaty Relate To Economic Liberalism? – Learn About Economics

Balancing Domestic and International Interests

Advocacy for Economic Growth

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Trade Policies During the Industrial Revolution

Mercantilism explained

Key trade policies shaped the global economy during this period:

Impact on Economic Sectors

Business Sectors Explained 📌
Session 3: Present & Debate (Approximately 2 hours)
Session 4: Reflection (Approximately 30 minutes)
Session 5: Creative Output (Approximately 1 hour)

This rubric scores three parts of the Global Trade Summit project: Summit Speech, Debate Performance (peer-judged), and Quiz (20 multiple-choice questions). Each part is scored from 1 to 4, with 4 being the best. You will use this to grade yourself and their partner where noted.

Criteria1 (Needs Work)2 (Okay)3 (Good)4 (Great)
Summit Speech (1 page each)Speech is incomplete or unclear. Has 0–1 historical facts. Doesn’t explain trade policies, or economic sectors well.Speech covers the role but lacks detail. Has 1–2 historical facts. Mentions trade policies, and economic sectors, but isn’t very clear.Speech clearly covers the role and proposes a policy. Has 2–3 correct historical facts. Explains trade policies, and economic sectors well.Speech is clear, engaging, and proposes a strong policy. Has 2–3 correct, well-used historical facts. Fully explains trade policies, and economic sectors.
Debate Performance (Peer-Judged)Barely joins the debate. Arguments are weak or off-topic. Shows little respect to partner.Joins the debate but arguments are weak. Ties to research are unclear. Shows some respect but may not listen well.Actively debates with clear arguments tied to research. Connects to trade policies, and sectors. Respects and listens to partner.Debates strongly with clear, research-based arguments. Fully connects to trade policies and sectors. Very respectful and listens well.
Creative Output (Drawing/Diagram)Drawing or diagram is incomplete or unclear. No connection to trade routes, factories, or project themes.Drawing or diagram is basic and lacks detail. Weak connection to trade routes, factories, or project themes.Drawing or diagram is clear and relevant (e.g., trade route map or factory). Good connection to project themes.Drawing or diagram is detailed, creative, and clearly tied to trade routes, factories, or project themes.
Quiz (Out of 20)Scores 0–10 (0–50%). Scores 11–14 (55–70%). Scores 15–17 (75–85%). Scores 18–20 (90–100%).