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Historical description and analysis of economic development in the Western world from A.D. 950 to the mid-20th century. Topics include Manorialism, early urban market economics, the Age of Ambition, Mercantilism, agricultural revolution, industrialization, classical economics, free trade and colonialism, varieties of socialism, neo-imperialism, rise of the welfare state, governmental growth, and dependency theory. Also listed as HIST 261 .