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In 2013, Per Capita Real GDP Was Roughly Half Its

question 124

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In 2013, per capita real GDP was roughly half its value in 1960.


Definitions:

Angel Investor

An angel investor is a wealthy individual who provides capital to start-ups or entrepreneurs, often in exchange for ownership equity or convertible debt.

Life Cycle

The series of stages through which something (such as a living organism, product, or business) goes from its beginning to its end.

Entrepreneurial Organisations

Businesses characterized by innovation, risk-taking, and proactiveness, often focused on opportunities for growth and dynamic market engagement.

Growth Stage

A phase in a company's lifecycle characterized by a rapid increase in sales, profits, and expansion.

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