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by roel_v
5548 days ago
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Eh, no. The first explosion of efficiency and economic prosperity was in Roman times, when there was peace in much of Europe and cities flourished, complete with sanitation systems, elaborate transportation networks etcetera. When that crumbled, city states took over, and economic life was once again dictated by the whims of rulers who in reality depended on keeping the ruling classes of the cities in their empire happy; in these cities, tradesmen classes operated in rigid, protectionist and mercantilist guild systems. There was stagnation and in many fields enormous regression until the Enlightenment and the Industrial Revolution (when freedom brought back the drive for progress). |
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Economic activity centered on agriculture where efficiency increases were minuscule. Because of this economic activity did not grow much.
See this diagram for an idea of just how little growth there was:
http://en.wikipedia.org/wiki/File:World_GDP_Capita_1-2003_A....