Hong Kongs production possibilities per person were 25 percent of those of the United States in 1960.
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Hong Kong’s production possibilities per person were 25 percent of those of the United States in 1960. By 2015, they had grown to become equal to U.S. production possibilities per person. Hong Kong grew faster than the United States because it allocated more of its resources to accumulating capital and less to consumption than did the United States.
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