The Tradeoff between Centralization and Decentralization and its Effect on the "Why Europe?" Question

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Scientific Essay from the year 2009 in the subject Business economics - Economic and Social History, grade: 1, 0, University of Connecticut, language: English, abstract: Significant and sustainable economic organizations as well as a period of its wide development first arouse during the early modern period in Europe. The three main elements of economic growth, flow of technology, migration out of traditional agriculture, and external effects in cities (Lucas, 2009) are connected through organizational theory.