Some Data That at First Might Seem Puzzling: the Share

question 133

Essay

Some data that at first might seem puzzling: The share of GDP devoted to investment was similar for the United States and South Korea from 1960-1991. However, during these same years South Korea had a 6 percent growth rate of average annual income per person, while the United States had only a 2 percent growth rate. If the saving rates were the same, why were the growth rates so different?

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Definitions:

Alkoxymercuration-demercuration

A two-step synthetic process used to convert alkenes to ethers, involving the addition of mercury(II) acetate followed by demercuration with sodium borohydride.

Williamson Ether Synthesis

A method for preparing ethers by reacting an alkyl halide with an alcohol using a strong base.

4-propoxytoluene

An organic compound characterized by a toluene core structure with a propoxy group attached to the para position.

Major Organic Product

The primary substance produced in the highest quantity from an organic chemical reaction.