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How does the Hockey Stick of Human Prosperity demonstrate changes to economies? Include at least two
examples from Professor Boudreaux's video.

Sagot :

Parrain

Based on the Hockey Stick of Human Prosperity, two changes to economies include:

  • Reduction in child mortality.
  • Increase in life expectancy.

What is the Hockey Stick of Human Prosperity?

  • Refers to the fact that since the industrial age, humans have become richer and more prosperous.
  • This is in contrast to the time before the industrial age where most people were poor and suffered from diseases.

As a result of the rise in human prosperity, there is less child mortality than before, and people can now live to be significantly older than they used to in the past.

In conclusion, humans are more prosperous now.

Find out more about the Industrial Age at https://brainly.com/question/13323062.

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