Article 2JNDC Why Rome Declined and Modern Europe Grew

Why Rome Declined and Modern Europe Grew

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The most advanced economies of early modern Europe, say England in 1700, were on the surface not too dissimilar to that of ancient Rome. But beneath the surface, they contained the "coiled spring," or at least the possibility, of sustained economic growth - growth driven by the emergence of innovation (a culture of improvement) and a commercial or even capitalist culture.

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