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One Factor That Contributed to the Growth in the Share

question 136

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One factor that contributed to the growth in the share of population employed in the United States between 1960 and 2008 was increased:


Definitions:

Expected-Rate-of-Return Curve

A graphical representation showing the range of possible returns on an investment, based on various scenarios or assumptions.

R&D Expenditures

Funds allocated towards research and development activities with the aim of introducing new products or improving existing ones.

Optimal Amount

The most efficient, effective, or desirable quantity of a good or resource to achieve a specific goal or maximize utility.

R&D

Research and Development; activities in businesses and organizations aimed at gaining new knowledge and applying it to develop new products, services, or processes.

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