Which of the Following Was the Average Yearly Increase in U.S.labor

question 126

Multiple Choice

Which of the following was the average yearly increase in U.S.labor productivity growth between the 1870s and the early years of the 21st century?

• A)About 1 percent
• B)About 2 percent
• C)About 5 percent
• D)About 10 percent
• E)Between 0 and 1 percent

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Definitions:

Developing Countries

Countries considered to be on the road to industrialization.

Global South

A term used to describe countries considered to be among the less developed and often poorer nations, primarily located in the Southern Hemisphere.

Third World

A term originally used to describe countries that were not aligned with either the capitalist NATO bloc or the communist Eastern bloc during the Cold War, now often referring to developing countries.

Socio-Cultural Changes

Alterations in societal values, norms, and practices due to factors like technological advancements, economic shifts, and cultural exchanges.