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      slideshare.net

      • A vibrant industrial economy catapulted the nation to a world leader in mining and manufacturing; the agricultural sector overcame organizational and technological challenges to increase productivity; and the innovations in financial, accounting, and marketing methods laid the foundation for a powerful economy that would dominate the globe in the 20th century.
      oxfordre.com › americanhistory › abstract
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  2. Technician using digital tablet in server room. As the American economy matured in the 20th century, the freewheeling business mogul lost luster as an American ideal. The crucial change came with the emergence of the corporation, which appeared first in the railroad industry. Other industries soon followed. Business barons were being replaced ...

  3. The early 20th century French sociologist Emile Durkheim believed that economic development came first. He saw religion as meeting society’s practical functions, such as education and welfare. But when prosperous societies started to meet these functions all by themselves, religion was pushed to the margins.

  4. Jul 24, 2018 · Religious decline was the key to economic development in the 20th century. Published: July 24, 2018 4:57am EDT. We have known for decades that secular countries tend to be richer than religious...

    • Damian Ruck
  5. The history of the twentieth century can be summarized excessively briefly in five propositions: First, that the history of the twentieth century was overwhelmingly economic history. Second, that the twentieth century saw the material wealth of humankind explode beyond all previous imagining.

    • J. Bradford DeLong
    • 2000
    • New Insights on Development Accounting Since 1913
    • Understanding Technological Change and Future Inequality
    • References

    We apply standard development accounting techniques to our dataset on physical capital, education, and economic performance to assess how cross-country differences in produced capital and human capital can account for differences in GDP per worker over time. Figure 1 presents the results for our earliest benchmark in 1913. The ‘best-fit’ lines indi...

    Estimates of total factor productivity (TFP) from level accounting exercises can be interpreted as an (imperfect) measure of technological differences across countries (Caselli 2005). As a result, the long-term developments shown in Figure 2 may be explained by cross-country differences in technological diffusion. The increasing relative importance...

    Caselli, F (2005), "Accounting for Cross-Country Income Differences", in Aghion, P and S N Durlauf (eds) Handbook of Economic Growth, Amsterdam: Elsevier. pp. 679-741. Comin, D and M Mestieri (2018), "If Technology Has Arrived Everywhere, Why Has Income Diverged?" American Economic Journal: Macroeconomics10(3): 137-178. Easterly, W and R Levine (20...

  6. The precise definition of economic development has been contested: while economists in the 20th century viewed development primarily in terms of economic growth, sociologists instead emphasized broader processes of change and modernization.

  7. Summary. Early 20th century American labor and working-class history is a subfield of American social history that focuses attention on the complex lives of working people in a rapidly changing global political and economic system.

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