Explore BrainMass

Explore BrainMass

    Accounting for the Great Divergence in Economic Growth

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    How would you account for the "great divergence" that is the acceleration of economic development in the West in the 19th century while much of the rest of the world remained characterized by low rates of economic growth?

    © BrainMass Inc. brainmass.com February 24, 2021, 2:25 pm ad1c9bdddf
    https://brainmass.com/economics/economic-growth/accounting-great-divergence-economic-growth-19805

    Solution Preview

    There are several key factors involved here. The first is the great technological breakthroughs in science and industry during this time in Europe. This made production and the transformation of resources into wealth much easier and faster. There were equally great breakthroughs in political organization that allowed for more ...

    Solution Summary

    The solution answers the question(s) below.

    There are several key factors involved here. The first is the great .......

    $2.19

    ADVERTISEMENT