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Us and china comparison essay
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When examining studies of economic performance, often trade and political influence is a key explanatory factor. If trade makes countries wealthy, then it is important to examine the roots of how goods for trade were produced from natural resources. Fernand Braudel brought the geographical survey as a methodological development in his acclaimed work, The Mediterranean and the Mediterranean World in the Age of Philip II. Essentially, a historian will begin a study by examining the geographical nature of the examples in order to gauge the resources available for economic development, or ensure natural resources play a key role in the understanding of how some countries were able to outperform others. Pomeranz focuses heavily on the natural resources of his examples, justly too as his aforementioned targeted comparisons meant he had to be careful to really ensure his examples were balanced. The natural resource that he pays the most attention to is coal, which Pomeranz believed gave Britain an edge in the industrial revolution. He especially focuses on the difference between Chinese and British coal availability, noting that there was very little coal in the Lower Yangzi. He maintains that the geographical location of the coal in China was a hindrance to growth as the northwest was a technologically backwards region, and coal mines in the area suffered from spontaneous combustion. Evidently Pomeranz’s political survey is crucial to understanding how China fell behind Britain when the latter diverged. Institution studies are strongest in examining political influence on economic development. Adam Smith’s An Inquiry into the Nature and Causes of the Wealth of Nations first articulated a ‘political survey’ approach by outlining the po... ... middle of paper ... ... Change and Economic Performance, (Cambridge, 1990). Sheilagh C. Ogilvie, Institutions and European Trade : merchant guilds, 1000-1800, (Cambridge, 2011). Prasannan Parthasarathi, Why Europe Grew Rich and Asia Did Not : global economic divergence, 1600-1850, (Cambridge, 2011). Kenneth Pomeranz, The Great Divergence : China, Europe, and the making of the modern world economy, (Princeton, 2000). Karl Popper, The Poverty of Historicism, (London, 1961). Adam Smith, The Wealth of Nations, (London, 1991). Peter Spufford and Wendy Wilkinson, Interim Listing of the Exchange Rates of Medieval Europe, (Peter Spufford, 1977). Max Weber, The Protestant Ethic and the Spirit of Capitalism, (New York, 2001). Chris Wickham, Framing the Early Middle Ages : Europe and the Mediterranean 400-800, (Oxford, 2005). Chris Wickham, Problems in Doing Comparative History, (Southampton, 2005).
Jackson J. Spielvogel, Western Civilization: Volume I: To 1715, 8th Edition, (Boston: Wadsworth, Cengage Learning, 2012), 90.
Kleiner, Fred, Gardner's Art through the Ages: A Global History, Fourteenth Edition The Middle Ages, Book B (Boston: Wadsworth, 2013), 348.
18 Nov. 2011. Hudson, Toren J.F. & Co. "Medieval Europe, Part 3: Nobles and Mercenaries." Hudson's American History. The. Toren J.F. -.. Hudson, a.k.a. The New York Web.
Leeming, David Adams. “The Middle Ages.” Element of Literature, Sixth Course. Austin: Holt, Rhinehart & Winston, 1997. 72-88. Print.
In the late 1700s the cottage industry was the main source of income for almost all Europeans. In the late eighteenth century the demand for production was increasing rapidly, but before the Europeans found new innovated ways to manufacture goods, they were having a hard time keeping up with the productivity. The transition from tools to machines was an astonishing advancement for the European countries. Europeans were the first to find more efficient ways to use their resources. With the breakthroughs in technology and the new inventions the European countries were even more powerful than they we...
Smith, Adam. An Inquiry into the Nature and Causes of the Wealth of Nations. Ed. Edwin Cannan. 1904 ed. London: Methuen, 1776. Library of Economics and Liberty. Web. 4 May 2014. .
Howe, Helen, and Robert T. Howe. A World History: Ancient and Medieval Worlds. Volume 1. White Plains, NY: Longman, 1992. 533.
Gaynor Ellis, Elisabeth, and Anthony Esler. ""New Economic Thinking"" World History: The Modern Era. Prentice Hall. 186. Print.
Stewart Gordon is an expert historian who specializes in Asian history. He is a Senior Research Scholar at the Center for South Asian Studies at the University of Michigan and has authored three different books on Asia. Gordon’s When Asia Was The World uses the narratives of several different men to explore The Golden Age of medieval Asia. The fact that this book is based on the travels and experiences of the everyday lives of real people gives the reader a feeling of actually experiencing the history. Gordon’s work reveals to the reader that while the Europeans were trapped in the dark ages, Asia was prosperous, bursting with culture, and widely connected by trade.
Shawna Herzog, History 101-1, Class Lecture: 11.2 Society in the Middle Ages, 27 March 2014.
Landes, D., 1999. The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor. New York: W. W. Norton & Company, 38-59
Rice, Eugene E. and Anthony Grafton. The Foundations of Early Modern Europe, 1460-1559. 2nd. ed. New York: W. W. Norton and Co., 1994.
Extractive institutions are used throughout this book to explain that the upper class extracts resources and goods from the lower class. They don’t allow growth or competition, but rather they just exploit the rest of society into doing their labour. It’s used to please a few, rather than the majority, and can still be seen in most places in the world. Whereas, inclusive institutions are the ideal way nations should be run, allowing for fair economical systems, property ownership, educational facilities and allowing all citizens to participate in the growth of the economy. Acemoglu and Robinson argue that this is the main factor in distinguishing the rich countries from the poor and, moreover, how they treat their citizens. This system is relatively used in North America and Western Europe.
Wei-Wei Zhang. (2004). The Implications of the Rise of China. Foresight, Vol. 6 Iss: 4, P. 223 – 226.
Childress, Diana, and Bruce Watson. "The fall of the west." Calliope 11, no. 5 (January 2001): 27.