The Two Most Important Factors Contributing to Increased Productivity in Industrialized

question 102

Multiple Choice

The two most important factors contributing to increased productivity in industrialized countries in the twentieth century were:

• A)higher relative prices and a larger labor supply.
• B)higher relative prices and technological progress.
• C)technological progress and increases in the capital stock.
• D)technological progress and increases in the labor supply.

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Definitions:

Trobriand Islanders

Indigenous people of the Trobriand Islands, located in the Solomon Sea near Papua New Guinea, known for their unique matrilineal society and kula exchange system.

Kula Exchanges

A ceremonial exchange system conducted among the Trobriand Islands' inhabitants, involving the giving and receiving of shell ornaments.

Ceremonial Garments

Special clothing worn during significant events or rituals, symbolizing various cultural, religious, or societal roles and statuses.

Moai Figures

Iconic monolithic statues located on Easter Island, created by the Rapa Nui people to represent deified ancestors.