Which of the following was not experienced in the Australian economy from the mid- to late-1800s?
A)an expansion of the labour force
B)a booming export market
C)an increase in capital per hour worked
D)a general decline in labour productivity due to a lack of capital

Question

Quizplus · Accepted Answer

According to economic historians, the Australian economy experienced significant growth during the mid to late 1800s, fueled by an expansion of the labour force, a booming export market, and an increase in capital per hour worked. There is no evidence to suggest that there was a decline in labour productivity due to a lack of capital during this period.

Which of the Following Was Not Experienced in the Australian