Economy + the transformation

Question 1

When did the World Gross Domestic Product (GDP) first begin to accelerate?

Answer 1

After 1820 - more than doubled in the first half of the 20th century

Question 2

Cyclical growth (Economy)

Answer 2

Meaning that economies will perform well in periods of economic expansion and perform poorly during periods of economic downturn

Question 3

Cumulative growth (Economy)

Answer 3

Economies will increase percentage-wise over a period of time (the starting point for each new cycle is higher than the last)