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Explain the Two Basic Mechanisms That Increase GDP Per Capita

question 47

Essay

Explain the two basic mechanisms that increase GDP per capita over the long term.


Definitions:

Cultural Adaptation

The process through which individuals or groups adjust to and integrate new cultural practices, norms, and values into their lives.

Environmental Pressures

External forces in the environment that can affect the survival and development of an organism or organization.

Stability

The quality of being resistant to change and capable of maintaining a constant condition.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by a dismissive or derogatory view towards other cultures.

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