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Which of the following is true regarding growth rates for countries around the world compared to the United States?

I. More than fifty percent of the world’s people live in countries with a lower standard of living than the U.S. had a century ago.
II. The U.S. growth rate is six times the growth rate in the rest of the world.
III. China has only recently attained the same standard of living the U.S. had a century ago.

1 Answer

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Answer:

More than 50% of the world's people live in countries with a lower standard of living than the U.S had a century ago.

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