Which occurrence is the key explanation for the high economic growth in the United States in the past century?

Question

Quizplus · Accepted Answer

Technology improvements have had a significant impact on increasing productivity and thus economic growth in the United States. This has led to the development of new industries, increased efficiency in existing industries, and the creation of new products and services. Investment in human capital and an increase in population may have contributed to economic growth to some extent, but technology improvements have been the primary driver. An increase in the capital-to-labor ratio may also have contributed to economic growth, but to a lesser extent than technological advancements.

Which Occurrence Is the Key Explanation for the High Economic