Friday, June 14, 2019

The wealth and poverty of nations Essay Example | Topics and Well Written Essays - 500 words - 1

The wealth and poverty of nations - Es hypothesize ExampleOther pack in the world should try to understand how the expansionists Europeans have grown very rich. He also stated that relative poverty today is the result of chastening on the part of political, religious and mercantile elites to pass the tests of maintaining and regaining independence from and assimilating the technologies demonstrated by the people from Europe (DeLong, 1998). Landes demonstrated that Europe was the pump and basis of economic development. He also pointed out that the reason why Eurasian civilizations had an edge in technological advancement over non-Eurasian is the climate. According to Landes, it is unacceptable for human beings to live in any numbers in restrained climates before the invention of fire, housing, tanning, but that once the technological capability to live where it snows has been gained, the temperate climates allowed a higher material standard of living (DeLong, 1998). I am not real ly convinced about this argument that Landes had presented. Though, I can say that climate can be one of the factors affecting the developments of an economy, it need not be of great impact as what Landes had pointed out. In our world today, a rotary of counties gifted with rich natural resources and great climate are suffering from great economic issues and belonged to the less developed countries.

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