When and where did modern economic growth first happen

Reference no: EM131244023

1. When and where did modern economic growth first happen? What are the major institutional factors that form the foundation for modern economic growth? What do they have in common?

2. Why are some countries today much poorer than other countries? Are today's poor countries destined to always be poorer than today's rich countries? If so, explain why. If not, explain how today's poor countries can catch up or even pass today's rich countries.

Reference no: EM131244023

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