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The Great Divergence in standards of living for populations around the world occurred in the late 18th century. Prior to that date evidence suggests that real wages of most Europeans, many living in China and India were similar. Some a little higher and some a little lower but with a low...
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This paper examines the responses of Indigenous nations and European companies to new trading opportunities: Cree nations and the Hudson's Bay Company (HBC), and Khoe nations and the Dutch East India Company (VOC). This case study is important because of the disparate outcomes: within a few...
Persistent link: https://www.econbiz.de/10014530212
This paper examines the responses of Indigenous nations and European companies to new trading opportunities: Cree nations and the Hudson's Bay Company (HBC), and Khoe nations and the Dutch East India Company (VOC). This case study is important because of the disparate outcomes: within a few...
Persistent link: https://www.econbiz.de/10014552996
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