Author Question: All of the following were important structural changes in American capitalism during the period ... (Read 41 times)

Hungry! · **on:** Jun 30, 2018

All of the following were important structural changes in American capitalism during the period 196095 except

(a) New technology in the form of automated (machine-guided) production processes
(b) A capital-labor accord which allowed workers to share in productivity gains through wage increases, particularly during the 1950s and 1960s
(c) An increase in self-sufficiency as the nation reduced its economic interdependence with other nations
(d) A large and central role for government in directing the post-war economy

Question 2

Data on convergence suggests:

a. poor countries are converging with the median country.
b. rich countries are converging with other rich countries.
c. only countries with the same populations are convergine.
d. none of the above.