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Without Controlling for Differences in Natural Resources and Technological Knowledge

question 123

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Without controlling for differences in natural resources and technological knowledge, diminishing returns can explain the entire difference in economic growth rates for China and the United States.


Definitions:

Genetic Diversity

The total number of genetic characteristics in the genetic makeup of a species, contributing to its ability to adapt to its environment.

Founder Effect

A form of genetic drift where a new population is established by a very small number of individuals, leading to reduced genetic variation from the original population.

Human Populations

Groups of humans living in a specific geographic area, characterized by shared genetics, culture, and societal structures.

Genetic Diversity

The total number of genetic characteristics in the genetic makeup of a species, contributing to species survival and adaptation.

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