When There Are Sustained Increases in Real GDP Over Time

question 14

Multiple Choice

When there are sustained increases in real GDP over time, we say that the economy is undergoing

• A) economic stagnation.
• B) a recession.
• C) economic growth.
• D) massive changes in productive capacity.

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Definitions:

Age-Sex Population Pyramid

A graphical illustration that shows the distribution of various age groups in a population, which forms the shape of a pyramid when the population is growing.

Postindustrial Nation

Refers to a country that has moved from industrial production to service and information management predominance.

Industrializing Country

A nation in the process of moving from an agriculture-based economy to one based on the manufacturing of goods and services.

Social Movements

Organized efforts by a large group of people to achieve or prevent change in society, often aiming at social justice, policy reform, or revolution.