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7 Cards in this Set

  • Front
  • Back

Who were the two innovators whom person identifies as more skilled and original as entrepreneurs than a single researches

Alfred Nobel, Guglielmo Marconi

What was the most important material in the new era?

Steel

Nordhaus estimated that between 1800 and 1990 the true price of light has fallen by

Between 3 and 4 percent

Fritz habers innovation did what?

It made fore the production of a new commodity,artificial fertilizers. It also widened the resource base

For European nations between 1807 and 1914, the annual rate of growth of gap per capita is

Negatively correlated with gdp per head is 1870

True or false:once Germany got started, it performed better than both Britain and the United states

True

Is it valid that low British Investments pre-1914 had to do with High capital endowment per laborer in Britain.

Not valid because the capital stock per employee was surprisingly small in the UK compared to the United states.