1. THe Industrial Revolution
... century. Those seeking to marry had to obtain approval from the local authorities, who effectively withheld it from poorer inhabitants. Lacking a large human capital stock on which to draw for labor, the Europeans turned to domesticated animals to produce much of the labor for them. With fewer children to provide ... Asian was 30 times more likely to die in a major earthquake than was a European (Jones 27). Such regular disasters meant that the human capital stock was regularly depleted. In addition, there is evidence that parasites were much more common in Asia than in the colder Europe...
- Word Count: 2374
- Approx Pages: 9
- Has Bibliography
- Grade Level: Undergraduate