Read "A Possible Perspective on Growth and Stagnation Over the Past 200 Years" posted on Blackboard.
a. Describe the 4 reasons that Acemoglu gives for why the world did not experience growth before 1800.
b. Name the 3 structural transformations underwent by Western Europe that contributed to the area's "economic takeoff" in the 19th century.
c. Summarize Acemoglu's main argument for why some countries experienced growth but not others following the Industrial Revolution.