How
Much World in the World Economy?
nHuge world areas remained outside the world economy.
nThey were not affected politically or economically by
its structure, and until
the eighteenth century did not greatly suffer from the missed opportunities for profit or technological
advance.
nEast Asian civilizations did not need European products;
they concentrated on
consumption or regional commerce.
nChina was uninterested in international trading
involvement and remained
mainly outside the world economy until the end of the eighteenth century.
nChina was powerful enough to keep Europeans in check.
