Compares the economic history of china and Europe over the past 2,000 years in an attempt to understand the countries’ present economic positions. Discusses how China’s political and economic system impeded the development of a commodity economy and led to the development of agriculture while Europe’s commodity economy fostered the advancement of science and technology.
European Business Review – Emerald Publishing
Published: Feb 1, 1996
Keywords: China; Economic systems; Europe; History