16. Agricultural Revolution, The Dutch and Trade

You can send a text, include contact info to get a response. Background we need for the 3 episode arc on the Agricultural Revolution which runs in episodes 18-20. The early 16th century Dutch have twice the percentage of people employed in Industry as the rest of Western Europe, as a concomitant they have half the percentage employed in Agriculture. How can this be? Trade is the answer. Basics of comparative advantage, futures markets, Pareto improvement and protecti...