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:

Coloration

The appearance or alteration of colors on an object or being, often referring to skin, fur, or materials.

Denotation

The literal, dictionary definition of a word, distinct from its connotative or associated meanings.

Phonology

The branch of linguistics that studies the systematic organization of sounds in languages.

Syntax

The set of rules, principles, and processes that govern the structure of sentences in a given language, including word order and punctuation.