The growth theory we study today was formulated
A) during the Great Depression.
B) during the 1970s.
C) during the 1950s.
D) in 1776 by the work of Adam Smith.
E) over 100 years ago.

Name: The growth theory we study today was formulated A) during the Great Depression. B) during the 1970s. C) during the 1950s. D) in 1776 by the work of Adam Smith. E) over 100 years ago.
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Question

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The modern growth theory, particularly the Solow-Swan model, was developed in the 1950s.

The Growth Theory We Study Today Was Formulated