The economic transformation that began in the 18th century is best understood as a single, intensive burst of innovation that concluded by the mid-19th century, after which the pace of technological advancement slowed significantly.
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The economic transformation that began in the 18th century is best understood as a single, intensive burst of innovation that concluded by the mid-19th century, after which the pace of technological advancement slowed significantly.
Match each economic concept to its specific role in the process of sustained long-term growth that began in the 18th century.
The sustained, long-term growth in average incomes that began in the 18th century was made possible by a continuous revolution in ______, which fundamentally increased the productive capacity of labor by improving the tools and equipment available to workers.
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