Would You Expect to See Higher or Lower Growth Rates

question 37

Essay

Would you expect to see higher or lower growth rates for countries that start out with a relatively low level of real GDP per capita? Explain using the concept of "catch-up" and support your answer with a graph.

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Definitions:

Slave Traders

People or companies involved in the buying, transporting, and selling of individuals into slavery, often as part of the Transatlantic Slave Trade.

Slave Families

Family units among the enslaved population, forming bonds and kinships often in the face of oppression and the threat of separation due to sale or punishment.

Trains

Rail vehicles that move along tracks and are used for transporting people or goods over long and short distances.

Freedom

The condition or right of being able to act, speak, or think as one wants without hindrance or restraint, fundamental to democratic societies.