North and South The first two reading selections for political economy 344 make some notable observations about the ontogeny and maturement of budding economies. In Engerman and Sokoloff’s chapter entitled “Factor Endowments, Institutions, and differential coefficient Paths of Growth Among New World Economies,” the authors compare the sparing growth levels of the North American colonies to those of Latin American colonies. Then, in “ track the Economic Divergence of the North and the South,” Peter Coclanis notes the different economic paths taken by these two distinct regions of the United States.
Overall, these two essays are alike(p) in nature – they make similar comparisons across two regions using similar criteria. The readings, however, differ drastically in their subject matter and in the scope of the comparisons. In the first reading, Stanley Engerman and Kenneth Sokoloff attempt to explain what factors contributed to the different le...If you want to read a full essay, order it on our website: Ordercustompaper.com
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