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Question
question 5 · 1 point
________ typically refers to the period of spectacular economic growth patterns around the world in the last two centuries.
select the correct answer below:
the industrial revolution
modern economic growth
contemporary economic growth
post - modern economic growth
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question 6 · 1 point
the ______ of an economic statistic has been adjusted for inflation.
Modern economic growth is characterized by long - term and rapid economic expansion over the past couple of centuries. The Industrial Revolution was a catalyst for it but not the term for the overall growth period. Contemporary and post - modern economic growth are more recent and narrower in scope compared to modern economic growth which encompasses the long - term growth over the last two centuries.
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B. Modern economic growth