Some Data That at First Might Seem Puzzling: the Share

question 133

Essay

Some data that at first might seem puzzling: The share of GDP devoted to investment was similar for the United States and South Korea from 1960-1991. However, during these same years South Korea had a 6 percent growth rate of average annual income per person, while the United States had only a 2 percent growth rate. If the saving rates were the same, why were the growth rates so different?

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Definitions:

Life-sustaining Procedures

Medical procedures that are performed with the aim of prolonging life by supporting or replacing essential bodily functions.

Purpose in Life

The sense of meaning and direction in one's life, often associated with personal fulfillment and happiness.

Fear of Death

The feeling of dread, anxiety, or apprehension about the possibility of dying or the process of dying.

Overall Process

The comprehensive series of actions or steps taken in order to achieve a particular end, encompassing all partial methods and procedures involved.