For Most of Recorded Human History,there Was No Long-Run Growth

question 200

True/False

For most of recorded human history,there was no long-run growth in real per capita GDP.

---

Definitions:

Real Estate

Holdings that encompass land, any buildings situated on that land, and all natural resources associated with it.

Eminent Domain

The authority of a government to take private property for public purposes, provided the owner is compensated.

Private Property

Land or belongings owned by individuals or corporations rather than by the government or community.

Public Use

The concept that property or services are available for use by the general public, often justifying government action such as eminent domain.