The per capita real GDP of the United States and Europe was higher than that of the rest of the
world, and this gap widened largely during theSeventeenth Century
Solution
Answer: c) Eighteenth Century
The world economy witnessed huge growth in output as well as income since 1820. However,
the growth was highly uneven and hence was accompanied by divergence of income and income
disparities between nations. Therefore, the per capita real GDP of the United States and Europe
was higher than that of the rest of the world, and this gap widened largely during the Eighteenth
Century..
The per capita real GDP of the United States and Europe was higher t.pdf
1. The per capita real GDP of the United States and Europe was higher than that of the rest of the
world, and this gap widened largely during theSeventeenth Century
Solution
Answer: c) Eighteenth Century
The world economy witnessed huge growth in output as well as income since 1820. However,
the growth was highly uneven and hence was accompanied by divergence of income and income
disparities between nations. Therefore, the per capita real GDP of the United States and Europe
was higher than that of the rest of the world, and this gap widened largely during the Eighteenth
Century.
