Question

hundred years old.

since the great depression, our economy has grown steadily (about 2 percent) each year. it doubles in size about every thirty - five years. there have also been times when it has not done well. year after year, however, and on average, this growth means that we have higher and more disposable incomes, more great things to buy, and a higher standard of living than in previous years.

the pressing question

1. how has our economy changed in the last fifty years?

Explanation:

Based on the provided text, over the last fifty years (falling in the period since the Great Depression), the economy has grown steadily at an average of ~2% annually, doubling in size roughly every 35 years. While there were periods of poor performance, the average growth has led to higher disposable incomes, more consumer goods, and an elevated standard of living compared to prior years.

Answer:

1. Since the Great Depression (encompassing the last fifty years), the economy has grown steadily at an average of about 2% per year, doubling in size roughly every thirty-five years. Though there were periods of poor economic performance, on average, this growth has resulted in higher disposable incomes, more available consumer goods, and a higher standard of living than in previous years.