Stats

Question 1

Engerman and Sokoloff inequality stats?

Answer 1

1500-1800
60 % of 6m migrants of the new world were slaves

Question 2

What did improvements in transportation led to in America?

Answer 2

-Globalization
-1850-1914 60% of Europeans left the continent to go to U.S
-Labour was attracted to U.S because of high wages

Question 3

How has lifespan improved over time and what are limits of this data?

Answer 3

-doubled over last 500 years

• average disguises very high death rates during
  childhood
• Famines, Epidemics and Violence were much more frequent
  than today

Question 4

Trade facts and stats in Britain 1871-1914?

Answer 4

-Committed to free trade​

-UK exports manufactures, and imports food​

-UK food prices halved, 1870-1900, raising average living standards​

-UK remains the world’s largest importer until 1939

Question 5

So what happens to China?

Answer 5

-The Ming dynasty turns inwards​ (policy of isolation)

-Forbidden City building cost (cf European Cathedrals built only in good times, Buringh)​

-Bad harvests, flooding​

-Threat of Mongols​

-They destroy their fleet in 1525: lost the technical know-how​

-Internal grain trade falls after 1750

Question 6

Christine MacLeod findings?

Answer 6

-examines patent 1660-1800
-30.8% saving capital compared to 4.2% saving labour
-main goal was to improve efficiency and reduce costs

undermine Allen