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Economics, 6/e
Stephen L. Slavin

Economic Growth And Productivity

Chapter 16 - Economic Growth and Productivity



1

More than of the world's population lives in less developed countries.
2

World output per head (i.e., per capita GDP) rose at an annual rate of about before 1800, and at a rate of about since 1800.
3

The industrial revolution began in around the year .
4

Most recently our rate of productivity growth picked up again around the year .
5

One of the bright spots in our gross savings picture during the 1990s was the decline and elimination of the .