Describe the general pattern of economic growth over the past 1,000 years. What was the growth rate
Question:
Describe the general pattern of economic growth over the past 1,000 years. What was the growth rate of real per capita GDP prior to 1800? What happened to the growth rate of per capita GDP following the Industrial Revolution that occurred around 1800? How does the growth rate of per capita GDP during the past half-century compare with the rate following the Industrial Revolution?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Macroeconomics Private And Public Choice
ISBN: 9780357134009
17th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Question Posted: