An economic historian observes that in a pre-industrial society, the widespread adoption of a more productive farming technique initially led to a significant rise in the average worker's real income. However, over the next several decades, the population grew substantially, and the average real income returned to its original level. Which statement best explains this series of events?
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An economic historian observes that in a pre-industrial society, the widespread adoption of a more productive farming technique initially led to a significant rise in the average worker's real income. However, over the next several decades, the population grew substantially, and the average real income returned to its original level. Which statement best explains this series of events?
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A pre-industrial society experiences a major breakthrough in agricultural technology, significantly increasing its food supply. Arrange the following events in the most likely causal sequence that would follow, according to the economic and demographic principles of that era.
The Paradox of Progress in Agraria