Essays on Great Divergence

Modern governments have grown large excessively. Aspects of developments such as individual freedom and economic expansions that have been enhanced since a long time go keep showing their glimpses in the modern society. Such an understanding has brought the world into the belief that the economic beliefs, human trajectories on concepts, prudential strive for the future were once pressed from all the corners of the world in a similar pattern. The world, however, began to diverge from its pieces with Europe considered as the most significant divergence in historical accounts. Little has however been exposed as to why some ...

The Black Death was a plague that flowed over the continents of the world over a period of , but the major outbreak in Europe was a three year time span from 1347 to 13501; there were further resurgences of the epidemic with complete eradication not occurring until the 19th century. Had the initial devastation of demographics been isolated, Europe would probably have recovered fairly quickly. However, repeated surges of decimating epidemics continued to inflict damage for years. For example, England continued to suffer from large numbers of citizen deaths for approximately another 30 years. The population was depleted by ...

Great Divergence can be said to be the period of great income inequality or unequal wealth distribution which took place between periods in 170s up to 2007. Great divergence in the U.S. saw the high income earners continue getting more and more while the low earners continues to earn less and less. This increased the gap between the rich and the poor thus greater income distribution inequality. It was more pronounced in United States and lesser in other countries such as Canada and UK. According the research carried by CBO in 2011 on income distribution in the US for ...

September

The impact of industrialization was something implicated in both of the articles. I was interested to learn how other cultures are able to embrace technology to assist in political endeavors. I think learning these views really makes a person better understand the cultures and the people who come from them. The articles included in this assessment sparked my interest in learning more about other cultures and how industrialization affected them. With the changes to these institutions, great economic gains were possible. Ultimately the Atlantic trade and colonization brought about institutional changes for many countries. The trade established with other ...

Article Review

"The Great Divergence" and "Class in America,” the authors discuss that the class system and social stratification have caused outstanding differences in life of people living in America. Regardless of the fact that people do not like to talk about economic inequality in America, social classes play a considerable role in their lifestyle. There exists a huge difference in the incomes of the top 1% of Americans and rest of other 99%. Contrary to the myth that America is a classless society, Mantsios explains through statistical data that the wealthiest 20% of Americans hold the 83% of total wealth and on the ...