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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
by 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 agoInteresting 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 agoI 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.