Economic growth occurred prior to the 19th Century, but comparatively slowly. It was at that point that Western Europe, in contrast to most of the rest of the world, began to experience significant economic growth.
Modern economic practices, western values and westernization is a process whereby traditional, long-established societies come under the influence of Western culture in such matters as industry, technology, law, politics, economics, lifestyle, diet, language, alphabet, religion and values. Westernization has been a pervasive and accelerating influence across the world in the last few centuries. (Answers.Com)
Taiwan and Kenya. Today Taiwan is 20 times richer than Kenya. We meet the farmers shut its door to globalisation. The Kenyans are suffering from regulations, corruption and the lack of property rights. The unequal distribution in the world is a result of the unequal distribution of capitalism - those who have capitalism grow rich, those who don't stay poor. and entrepreneurs that could develop Taiwan because it introduced a market economy and integrated into global trade. And we meet the Kenyan farmers and slum dwellers that are still desperately poor, because Kenya shut its door to globalisation. The Kenyans are suffering from regulations, corruption and the lack of property rights. ...Show more