In part to lift the U.S. economy out of the deep recession Reagan had forced by sharply raising interest rates in 1981–82,
I wonder how us citizens felt about President Reagen raising the interest rates
In part to lift the U.S. economy out of the deep recession Reagan had forced by sharply raising interest rates in 1981–82,
I wonder how us citizens felt about President Reagen raising the interest rates
he China Shock For the first four decades after its founding in 1949, the communist-ruled People’s Republic of China (PRC) was almost completely isolated from the global capitalist economy
I find it interesting that they were able to sustain an economy without any sort of outside imports for 49 years
Diet and caloric intake, along with epidemic disease, famine, war, and other disasters, kept human life expectancy much shorter than it is today. In many of the richest and most advanced parts of the premodern world, from China and Japan in East Asia to England and Germany in Europe, life expectancies at birth were thirty to forty years,23 or half of what they are today for most of the developed world
In the premodern world, people didn’t live as long because of poor diets, disease, famine, and war. Even in rich countries, most people only lived about thirty to forty years, which is much shorter than today.
It now appears that climate change was a general cause of the premodern population increases around the world. Given the interest in our current problem of global warming, historians and climatologists have reconstructed past climates and have indeed found significant variations in temperatures and rainfall.
This passage says that climate change helped populations grow in the premodern world. Better temperatures and rainfall made farming easier, which supported more people. Because of today’s global warming concerns, historians and scientists have studied past climates and found that temperature and rainfall have changed a lot over time.