2 ms·
When averaging it out over 150 years, the USA growth rate is ~2% p.a. The USA's secret is managing to have stayed stable enough over that period, and having ma
by indemnity 7y ago
When averaging it out over 150 years, the USA growth rate is ~2% p.a.
The USA's secret is managing to have stayed stable enough over that period, and having maintained that growth number.
No-one can sustain 8-10% indefinitely, once the "easy" growth (industrialization, infrastructure, education, urbanization) is in the bag.