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medieval and early modern European histo-ry, the so-called transition debate of feudalism to capitalism, social scien-tists and … transition from feudalism to capitalism by way of comparison and con-trast." …
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Modern economic growth started in the West in the early nineteenth century. This survey discusses the precise connection between the Industrial Revolution and the beginnings of growth, and connects it to the intellectual and economic factors underlying the growth of useful knowledge. The...
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, a process that accelerated even more up to 1950-1975. What explains the spread of the industrial revolution world … world financial markets also reduced the cheap capital advantage of the leaders. However, ever-cheaper labor was not a …
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