Growth Miracles and Growth Disasters What is the key difference highlighted between the economic trajectories of Argentina and Japan since 1950? Argentina's growth rate surpassed that of Japan. Japan's standard of living grew exponentially, while Argentina stagnated. Japan experienced negative growth periods, while Argentina consistently grew. Both countries experienced similar growth rates and trajectories.Growth Miracles and Growth Disasters According to the video, what factor can lead to a poor country catching up to developed countries in terms of economic prosperity? Rapid population growth Steady but slow economic growth Rapid growth with the right factors in place The presence of natural resources