SUMMARY - The Rise And Fall Of American Growth: The U.S. Standard Of Living Since The Civil War By Robert J. Gordon
Written by Shortcut Edition
Narrated by Digital Voice Mike G
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About this audiobook
This audiobook is narrated by a digital voice.
As you read this summary, you will learn that the American growth of the 1870-1970's is a very unique phenomenon that will not be repeated.
You will also learn :
- that the end of the Second World War did not put an end to the prodigious American economic growth born of the war;
- that inequalities in education are constantly increasing in the United States;
- that the second industrial revolution has turned man's daily life upside down in all areas;
- that the boom of the new economy is well and truly over;
- that economic history accelerated only two centuries ago;
- that American growth did not evolve in a linear fashion in the 20th century.
Economic growth fluctuates widely over time. For eight centuries, between the end of the Roman Empire in 476 and the first part of the Middle Ages, there was no economic growth at all. In the United States, the century following the Civil War, approximately from 1870 to 1970, was the century of revolutions. Revolutions that did not take place in Congress or in government departments, but in homes, in factories, in stores, and in classrooms. Revolutions that were very discreet, but that have turned the daily life of humanity upside down: the radical transformation of the greatest economic growth that the human race has ever known.
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