Thursday, January 31, 2013

Exercise 7b - Europe Vs China

NameUniversityCourseTutorDate europium vs . ChinaChina had experienced an early lead in technology than Europe and its technology kept on evolving ahead of Europe this was in the early 1350s But China was overtook by Europe in technology by 1600 Europe had mass production of machinery which they were even so trading than China . The growth of the economy of the twain countries took two contrasting angles China manufacturing was done in the verdant areas small-arm European manufacturing was in the urban areasSetting of manufacturing companies in the urban centers hastened urbanisation , this was characterized by massive migration of laborers from rural areas to the urban centers . Those who were working in the urban centers earned more than their counterparts in china whose industries were in the village . Their higher earning changed their lives styles and become high consumers hence amend their economy much faster than the Chinese (Rosenthal and Wong 1999 .
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China chooses to wane its company in the rural areas because raw materials and food were cheap and there were fewer diseasesSetting up of the company in the rural areas reduces the production costs (Kenneth , 2000 . The amount which is reduced is the one which would stir participated in improving the countries economy by empowering its citizens financiallyThe two countries had divers(prenominal) political economy which lead the ruler to decide on where the industries would be set either in the urban centers or in rural areas . Europe was also more superior abundant and...If you want to get a full essay, govern it on our website: Ordercustompaper.com

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