Economic Growth Explained: History's Hockey Stick

Описание: Dive into the fascinating story of "History's Hockey Stick" in this 10-minute video that unpacks the dramatic growth in income and living standards since the 18th century. Discover how the Industrial Revolution ignited this upward curve, shifting economies from agrarian stagnation to exponential growth. We'll explore the pivotal roles of capitalism, technological advancements, and globalization in fostering economic prosperity. However, this growth comes with challenges like inequality and environmental concerns that we must address. Join us as we break down this transformative era and its implications for our future!

TIMESTAMPS:
00:00:00 The Hockey Stick of History
00:01:34 Life Before the Upswing
00:02:28 The Dawn of the Industrial Revolution
00:04:46 Fueling the Engine of Growth
00:05:36 The Catalyst of Change
00:06:27 Connecting the World
00:08:23 The Key to Sustainable Growth
00:09:12 The Shadow of Inequality
00:09:57 Balancing Growth and Sustainability

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