Describe the Growth in the Postwar American Economy

question 62

Essay

Describe the growth in the postwar American economy. What factors might account for this growth?

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Definitions:

Statistically

Relating to, or based on, the principles of statistics, often implying the utilization of quantitative data to draw conclusions.

Correlational Techniques

Statistical methods used to determine if a relationship exists between two or more variables, without necessarily implying causation.

.01 Level

A statistical significance level indicating that the probability of the observed results occurring by chance is less than 1%.

Visually

Relating to seeing or sight, often involving the ability to interpret and understand information presented in a visual form.