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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 |
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What was the most important material in the new era? |
Steel |
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Nordhaus estimated that between 1800 and 1990 the true price of light has fallen by |
Between 3 and 4 percent |
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Fritz habers innovation did what? |
It made fore the production of a new commodity,artificial fertilizers. It also widened the resource base |
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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 |
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True or false:once Germany got started, it performed better than both Britain and the United states |
True |
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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. |