courtenaybird: The Economic History of the Last 2000 Years: Part II  The industrial revolution didn’t happen everywhere at the same time, but it did have the sam effect everywhere: massively rising GDP/person. The Japanese and Chinese stories are the most dramatic. Japan, which was behind Eastern Europe before World War I, nearly caught the United States by the end of the 20th century. China, which fell behind Africa in the middle of the 20th century, is now perhaps the most massive success story in industrialization history.

courtenaybird:

The Economic History of the Last 2000 Years: Part II 

The industrial revolution didn’t happen everywhere at the same time, but it did have the sam effect everywhere: massively rising GDP/person.

The Japanese and Chinese stories are the most dramatic. Japan, which was behind Eastern Europe before World War I, nearly caught the United States by the end of the 20th century. China, which fell behind Africa in the middle of the 20th century, is now perhaps the most massive success story in industrialization history.

Source: The Atlantic

25 June 43 emergentfutures
historyeconomics

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P A Martin Börjesson

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