Asked by hector batalla on Jun 10, 2024
Verified
Consider the nations of China, Japan, and the United States. Over the past century, which of these nations has progressed, in an economic sense, more rapidly than the other two nations?
Economic Sense
A term describing decisions or actions that are rational and based on sound economic principles, ensuring efficiency and cost-effectiveness in achieving desired outcomes.
Progressed
Having moved forward or developed in terms of growth, improvement, or achievement.
Nations
Nations are large groups of people who share common history, culture, language, or ethnic origin, often occupying a particular territory or state.
- Assess the historical progressions of economic growth within different nation-states.
Verified Answer
BA
Btoul AllouJun 10, 2024
Final Answer :
Japan's growth rate (2.65 percent per year) is considerably higher than the growth rates of China (2.15 percent per year) and the United States (1.77 percent per year).
Learning Objectives
- Assess the historical progressions of economic growth within different nation-states.