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#802 Jared Rubin - How the World Became Rich: The Historical Origins of Economic Growth

The Dissenter

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The History of Economic Growth

Economic growth is a sustained increase in something like gross domestic product. It's defined as the overall income of a country, plus government expenditures and net exports. The key thing with growth is that we see a sustained and persistent increase in what we could call total income. Growth can lead to an improved quality of life for most people.

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