In 1820, Mexico Had a Higher Real GDP Per Capita

question 224

Multiple Choice

In 1820, Mexico had a higher real GDP per capita than Japan. Yet now Japan is one of the richest countries in the world and Mexico is poor. Japan's high rate of economic growth can be explained by all of the following EXCEPT a high:

• A)investment in physical capital.
• B)investment in human capital.
• C)investment in technological progress.
• D)level of government interference.

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Definitions:

Dyadic Level

Pertaining to interactions or relationships between two individuals, especially in contexts of leadership and followership.

Group Level

Refers to the collective characteristics or dynamics observed when individuals operate or interact as a group.

Leader Traits

Refers to the personal qualities and characteristics that differentiate leaders from non-leaders, such as intelligence, determination, integrity, and sociability.

Reciprocal Influence Processes

The mutual impact and exchange of influences between leaders and followers, shaping behaviors and outcomes.