Viewed as a whole, the graph shows the creeping restoration of Asian economic supremacy as the rest-of-the-world catches up to the West and surpasses its levels of industrialisation.
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Charting the globe’s 10 major powers since the time of Jesus, the graph can be broken down by simply applying a cut off point at around the 1800 AD mark.
That was the birth of the Industrial Revolution in the UK and when taken into account, everything to the left of that mark can bee seen as economic power through sheer size of population and to the right is the effect of mass production on a country’s economic output.
One feature of the simple graph is to show that up until around 1500 AD India and China accounted for between 50 and 60 percent of the world’s economy until the late 18th century when the Industrial Revolution rendered countries with large populations, just countries with the largest populations.
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Read More at dailymail.co.uk. By James Nye.
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