Which of the following is wrong? Economic growth of a country can be measured either as...

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Which of the following is wrong? Economic growth of a country can be measured either as an increase in real GDP over time or as an increase in real GDP per capita over time. Since the industrial revolution started in Europe and European countries industrialized first, the Asian countries cannot catch with the European countries in their economic development level. c. Sustained increases in real GDP per capita did not happen until after the industrial revolution, which started in the UK in the late 1700s. d. Institutional structures that promote growth include strong property rights, patents, efficient financial institutions, education, and a competitive market system. Which of the following is wrong? Economic growth of a country can be measured either as an increase in real GDP over time or as an increase in real GDP per capita over time. Since the industrial revolution started in Europe and European countries industrialized first, the Asian countries cannot catch with the European countries in their economic development level. c. Sustained increases in real GDP per capita did not happen until after the industrial revolution, which started in the UK in the late 1700s. d. Institutional structures that promote growth include strong property rights, patents, efficient financial institutions, education, and a competitive market system.

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