#economic_history_of_the_world

Economic history of the world

The economic history of the world encompasses the development of human economic activity throughout time. It has been estimated that throughout prehistory, the world average GDP per capita was about $158 per annum, and did not rise much until the Industrial Revolution. Cattle were probably the first object or physical thing specifically used in a way similar enough to the modern definition of money, that is, as a medium for exchange.

Wed 28th

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