Why was sustained economic growth so rare before the later 18th century and why did this change?
Question
Why was sustained economic growth so rare before the later 18th century and why did this change?
🧐 Not the exact question you are looking for?Go ask a question
Solution 1
Sustained economic growth was rare before the later 18th century due to several interrelated factors:
- Agricultural Limitations: The majority of the population was engaged in subsistence agriculture, which had low productivity. Traditional farming methods and lack of technological advancement Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
Similar Questions
Why was sustained economic growth so rare before the later 18th century and why did this change?
The key to sustained economic growth is increasing labor productivity.Question 34Answera.Trueb.False
Economic growth depends more on technological change than on increases on capital per hour worked.Question 8Answera.Trueb.False
Economic growth depends more on technological change than on increases on capital per hour worked.Question 36Answera.Trueb.False
infrastructure refers to the elements of economic change and social change which serve as the foundation for growth development of the country
1/2