(Answered) Answer following questions in a short legibly-written

Economics

Answer following questions in a short legibly-written answer (essay-type) each.Based on these three books:

Robert C. Allen, Global Economic History: A Very Short Introduction Oxford: Oxford University Press, 2011

Niall Ferguson, Civilization: The West and the Rest. London: Penguin Press, 2011

Daron Acemoglu and James A. Robinson, Why Nations Fail: The Origins of Power,Prosperity, and Poverty New York: Crown Publishers, 2012

1.What best explains the "Rise of the West" that is, the economic, political and militaryascendancy of Western Europe and its offshoots (United States etc) in the world economyafter 1800? Discuss

2. "The roots of both modern global economic prosperity and poverty (the so-called GreatDivergence) are in the Industrial Revolution that began in the late 18th century." Discuss

3. "The rise of the industrial economies based on technological progress and the Industrial Revolution since 1800 is the central event of modern history. Nothing else even comes close.This has affected the world in this period more than all other social and political changes taken together." Discuss.

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