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A book was written by authors A. de Pleijt and J.L Vaan Zanden, what drove economic growth, the purpose of this book is to examine the growth of the economy in North sea region. Authors want to identify factors that contribute to the growth of the economy of the North Sea region (Uk and lower countries).
The area is known as "little divergence" means the growth of the economy in North Sea region (part of the continent). In his findings, they revealed that the main factor that contributes to the growth of the economy in the North Sea region is international trade and he focusing on estimates the value of import and export.
Another factor which has identified was Agricultural, agricultural become very important inputs for economic development, agriculture among the sector which accelerates the growth of the economy and lastly was human capital which also contributes to economic growth. It is well known that the good progress in international trade is the key indicator of the growth of the economy.
The book "Progress and in early modern Europe" was written by Robert C. Allen . This book intended to discuss the progress and development of modern European. Among the factor which contributes to early Modern European is the Advance use of technology, the relation between the technology and industrial revelation have been discussed by Jacob and Merky who argue that the development in north European has contributed by industrial enlightenment.
Theorist also has emphasized the continuous use of technology, as the best method of growth of the economy. Another factor which discussed to contribute to early Modern European was agricultural productivities which took the third factor for the growth of the economy in European. According to Allen England and Netherland has a large number of peoples engaging in the agricultural activities. An agricultural activity is among indicator which increases the productivities and growth of the economy.
I agree with the theorist about the use of advanced technology as one of the indicators which lead the European to develop in the economy. If the technology can be applied in all sector of production such as agricultural, the productivity will increase.
Progress and in early modern Europe. (2020, Jun 02). Retrieved from https://studymoose.com/the-book-25285-new-essay
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