WATCH: The Macartney Expedition and the Global Economy

In 1793, the world economy was beginning a huge transformation. Yet, most people weren't aware of it. Though Britain and Western Europe would soon emerge as dominant global empires, in 1793, China and South Asia remained the most important regions in the global economy. This video considers the global economy through an encounter between Britain and China. In 1793, Lord Macartney launched an exped

License: CC BY-NC-SA by Khan Academy