During the recent past,production and income have grown faster than population in highly developed economies because

Question

Quizplus · Accepted Answer

Rapid technological advancements in highly developed economies have led to increased efficiency and productivity, allowing for higher levels of production and income growth even as population growth has slowed down. The availability of effective birth control methods may have played a role in some cases, but it is not the primary reason for this trend. The other options are not accurate as famine, war, and pestilence have not greatly reduced population in highly developed economies, and physical and human capital accumulation has not slowed down overall.

During the Recent Past,production and Income Have Grown Faster Than