Examlex
Which of the following statements is true regarding a future oriented society?
Labor Productivity Growth
The increase in the amount of goods and services produced per unit of labor over a period of time.
21st Century
The period extending from January 1, 2001, to December 31, 2100, marking the first century of the 3rd millennium.
1870s
A decade characterized by industrial, economic, and social developments, including the aftermath of the Franco-Prussian War and the beginning of the Second Industrial Revolution.
Output Per Capita
Output per capita is a measure of a country's economic output that accounts for its number of people, essentially giving an average production per person.
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