The reason that the United States has experienced sustained economic growth for over 200 years is mostly due to which of the following?
A) timely replacement of physical capital
B) continued advances in technological knowledge
C) steady increases in population
D) strategic government planning

Question

Quizplus · Accepted Answer

The continued advances in technological knowledge have been the primary driver of sustained economic growth in the United States. This has led to productivity gains, which in turn have driven economic growth. While timely replacement of physical capital and steady increases in population are important factors, they are not as significant as the continuous technological advancements. Strategic government planning has also played a role in economic growth, but it is not the primary driver.

The Reason That the United States Has Experienced Sustained Economic