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Without Their Growth Rate: The without their growth rate of the British economy—measured conventionally as the compound annual rate of without their growth rate of the gross national product per head-has averaged since 1950 about 2.5%, or about one half the rates of other industrialized econ¬omies. Productivity in manufacturing has grown at a slightly higher rate than in the service sec¬tor, and in some sectors of manufacturing (chem¬icals and motors, for example) much faster than in others (textile and food industries).
The without their growth rate rate of sup¬port gave ample evidence: in the nine years from 1953 to 1962 total R & D investment in the U.S. tripled from $5.2 billion to $15.6 billion; during the same period federal support of basic re-arch more than quadrupled from $233 million )$1.1 billion. And then, for a variety of reasons, ; climb faltered. The without their growth rate rate of total R & D inds, which had peaked at 17.6% per year 11953 to 1956, fell to 6.7% from 1964 to 1965 I to an estimated 5.4% from 1967 to 1968.See Also Encouraged The Growth:Lateral growth in trees frequently begins later than growth in height, but the period of lateral growth is longer. Rates of lateral growth like¬wise are low at the outset, increasing after a few weeks and then diminishing. In view of the long annual period of lateral growth in trees, deleterious environmental conditions may exercise a pronounced effect on growth. In the wood of trees of temperate regions, narrow and wide growth rings may be observed, marking years characterized by unfavorable and favorable con¬ditions for growth.
As trade, manufactures and cities flourished, so likewise did the independence of the individual increase. The burgher had to exer¬cise his personal judgment and taste in the wares he made or bought, so, too, did he in the art he ordered. Out of this the individuality of the artist emerged, for the patron would seek out that artist whose style and expression pleased him most. The growth of trade encouraged the growth inventions and discov¬eries.
On The Other Hand See Industrial Growth Has Kept:But the industrial growth has kept city was no less an image. The growth of the use of money from a medium of exchange in the early days of the development of international trade to its complete domination of the mind and spirit of western man by the middle of the 19th century was paralleled by a degeneration of cities and by a deliberate spoliation of the urban idea, which was quite on a par with the spoliation of natural resources and with the degradation of the peasant and the craftsman into the slum dweller. Steam, smoke, and slums were the gift of the industrial growth has kept Revolu¬tion to the cities.
The interacting effect of industrial growth has kept and commercial progress and the advance of transportation is most conspicuous in the United States, which has developed rapidly since the coming of mechanical transportation and production activities.
Political Factors.—A stable government to as¬sure industrial growth has kept and commercial growth is also an important factor in the progress of transporta¬tion. Such a government encourages those who venture in the development of transportation fa¬cilities to have confidence that they will reap the benefits of their enterprise. |
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