India and china contributed for about 20 combined and

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Unformatted text preview: en5rety of the con5nent. In 1700, China and India would account for roughly 50% of the world’s economic produc5on. However, that would soon change as Europe’s economy entered the Industrial revolu5on and quickly blossomed to having more economic produc5on that China and India combined. In 1880, the manufacturing output was basically a European monopoly. India and China contributed for about 20% combined and Europe’s manufacturing output was a whopping 60% of the world’s total. Approximately a century prior Europe’s economic produc5on was about 10% below India and China. The world’s popula5on...
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This note was uploaded on 02/18/2013 for the course HST 150 taught by Professor Fisher during the Fall '11 term at Michigan State University.

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