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Two exceptional contries: Netherland and britain Meanwhile, the population in these two countries are almost doubled. Clarks view: Britain is the first country escaped from the Malthusian trap. Add:Iron Law of WagesThis concept was put forward by David Ricardo. If putting serveral decades or over one year as a basis, we can find that workers actual income only can support his family in the long term,which avoids starvation but wont become wealthy. This garantees food and clothy,which was called Iron Law of WagesIf the growth rate of income exceeds the population growth that is called breaking through the Iron Law of Wages. (Escaping theMalthusian trap) --- Since 1800, the actual inome in Britain uptrended through 80 dgree beacause of industrial revolution. The growth rate of salary was ran faster than the population growth.---- Before 1800, Salary in Netherland was higher than Britain.However,salary growth rate? population growth rate?---Really Clerk just emphysised the effect of technology? Thinking: --- Why can Netherland and Britain can escape from the Malthusian trap at the first time? Noses explanation(resources?) and Malthusians model : the graph of Escaping Trap( affecting which curve?) ---Resoureces(land),technology,mechanism and Malthusians model? --- Why Malthusians model doesnt work nowadays? According to the prediction of Malthusians model, the per capita income levels wont change( 566 pound to 6049 pound),which is not correspond to the truth. 3.The Industrial Revolution ---The definition of the industrial revolution Time:1760-1860(1830) Mark: Textile industry mechanization,the use of steamer and steel. The production function added regime factor is Q=IAf(x).I is regime(ranging 0 to 1),higher value means max productivity tranferring to actual productivity more effective. In the picture,curve Q=IAf(x) stand for the actual prdouction line determinded by technology and regim
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