3 ms·

>Read up on the "per capita" effects of the Black Death which was linked to a temperary prosparity spike. The Black Death decreased the dependency ratio. The b

by scythe 11y ago

>Read up on the "per capita" effects of the Black Death which was linked to a temperary prosparity spike. The Black Death decreased the dependency ratio. The birthrate deficit will increase it. Furthermore the "spike in prosperity" was generally overstated, and may have been a result of increased trade (due to Mongol influence).

Retric 11y ago
It took between 150 and 250 years for some areas to recover so the dependency ratio was only impacted for a relativly short part of that. Foreign wars are a more common ways for the issues your taking about as they kill workers not children or the elderly. WWII failed to have the issues your talking about. PS: We might be entering a time when economy's are more manpower limited than resource limited, but unemployment trends in the US don't support that assumption.
- scythe 11y ago
  WWII was devastating to the economies of Europe, Russia, East Asia, and North Africa. Do you just make stuff up or what? The period 1330-1480 was not marked by significant economic progress. Europe only started to get ahead of the rest of the world economically after the founding of the Amsterdam Stock Exchange around 1600.
  - GFK_of_xmaspast 11y ago
    Interesting cut-off date of 1480 you have there considering the whole Portuguese-in-Africa thing not to mention an extreme influx of wealth starting about 12 years later.
  - Retric 11y ago
    I said foreign wars, so US would qualify not any of the areas you mentioned. The Black Death ended in 1353, so your timeframe is way off. And yes, total GDP was down, but per capita GDP was up as much as 35% in some areas which is a massive difference for the time period. Standard of living actually fell as populations recovered, though agricultural efficency had improved. 1350 + 250 = 1600, 1350 + 150 = 1500.

3 ms·

>Read up on the "per capita" effects of the Black Death which was linked to a temperary prosparity spike. The Black Death decreased the dependency ratio. The b

by scythe 11y ago

Retric 11y ago
It took between 150 and 250 years for some areas to recover so the dependency ratio was only impacted for a relativly short part of that. Foreign wars are a more common ways for the issues your taking about as they kill workers not children or the elderly. WWII failed to have the issues your talking about. PS: We might be entering a time when economy's are more manpower limited than resource limited, but unemployment trends in the US don't support that assumption.
- scythe 11y ago
  WWII was devastating to the economies of Europe, Russia, East Asia, and North Africa. Do you just make stuff up or what? The period 1330-1480 was not marked by significant economic progress. Europe only started to get ahead of the rest of the world economically after the founding of the Amsterdam Stock Exchange around 1600.
  - GFK_of_xmaspast 11y ago
    Interesting cut-off date of 1480 you have there considering the whole Portuguese-in-Africa thing not to mention an extreme influx of wealth starting about 12 years later.
  - Retric 11y ago
    I said foreign wars, so US would qualify not any of the areas you mentioned. The Black Death ended in 1353, so your timeframe is way off. And yes, total GDP was down, but per capita GDP was up as much as 35% in some areas which is a massive difference for the time period. Standard of living actually fell as populations recovered, though agricultural efficency had improved. 1350 + 250 = 1600, 1350 + 150 = 1500.