The 6 Killer Apps of Prosperity Flashcards
https://www.youtube.com/watch?v=xpnFeyMGUs8
1
Q
What is the Great Divergence?
A
The Western countries growing apart from the non-industrializing countries.
2
Q
What are the six killer apps that set the West apart from the rest?
A
- Competition
- Scientific Revolution => experimental method
- Property rights (private)
- Modern Medicine
- Consumer Society
- Work Ethic
3
Q
What is the Great Reconvergence?
A
The end of Western predominance.
4
Q
What is the “experimental method”?
A
The use of controlled observations to test hypotheses.