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The USeconomy Has Seen a Faster Increase in Productivity Since the the Mid-1990s

question 34

Multiple Choice

The U.S.economy has seen a faster increase in productivity since the mid-1990s as compared to the economies of many Western European countries.Which of the following explains this?

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Definitions:

Process Innovations

Innovations that improve the efficiency or effectiveness of organizational processes, often leading to increased productivity or quality.

Diffuse or Die

A phrase implying that for innovations or ideas to survive, they must be spread and adopted widely; otherwise, they risk being forgotten or becoming obsolete.

Richard Walton

A figure associated with theories or concepts in organizational behavior or management, but requires further context for a specific definition.

Diffusion

The mechanism through which an inventive idea is transmitted over time through selected routes among members of a societal system.

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