The Gilded Age & Industrial Era Unit Exam
Compare the economic growth of today’s LDCs before and after World War II. Answer: LDC economic growth was much more rapid after World War II than before. Estimates indicate that India’s real growth in per-capita income, 1900-1947, was only about 0.2 percent yearly compared to 1.9 percent annually, 1950-1992. See also pp. 79-86. ................
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