Which of the Following Countries Had the HIGHEST Average Annual

question 47

Multiple Choice

Which of the following countries had the HIGHEST average annual growth rate of GDP per capita between 1988 and 2010?

• A)China
• B)India
• C)Mexico
• D)South Korea
• E)United States

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Definitions:

Ku Klux Klan

A white supremacist group formed in the United States during the Reconstruction era, known for promoting racism, anti-Semitism, and violence against ethnic and religious minorities.

Panic of 1873

A financial crisis that triggered a severe international economic depression in both Europe and the United States, lasting until 1879.

Easy-Money Policies

Monetary policies intended to stimulate the economy by increasing the money supply and reducing interest rates to encourage borrowing and spending.

Economic Expansion

Economic expansion refers to a phase where an economy experiences increased levels of activity and growth across its industries and sectors, typically marked by rising GDP.