World Output Has Grown Faster Than World Trade Since 1950

question 93

True/False

World output has grown faster than world trade since 1950.

---

Definitions:

Welfare Rolls

A list or record of individuals and families who receive assistance from government welfare programs.

Expanded Sharply

Refers to rapid and significant growth or increase in a particular area, such as business, economy, or a specific sector.

Non-Cash Benefits

Forms of compensation provided to employees or beneficiaries that are not paid out in cash, such as health insurance, pension contributions, and food assistance.

In-Kind Benefits

Non-cash goods or services provided to beneficiaries, such as food stamps, housing, and healthcare, aimed to aid those in economic need.