The best example is d. technology
Think for example of a person guarding the keys at school or university: now we have various access cards to replace this job.
Especially in production the advance of technology made many jobs redundant
This is an example of a degradation ceremony.
A degradation ceremony is used to degrade the social status of a person with the aim of embarrassing her/him for having violated the rules, it is a way of punishing the person by removing their privileges and rights.
Life expectancy is lower. They do not value modern medicine. Standard of living is considered to be poor. Literacy is poor according to the western world.They do not have a developed system of education. Income is low.
The rule of 70 is a technique used to forecast how many years would take to a variable to double its value. It consists on dividing number 70 by the growth rate of the variable of interest, which in this case is the GDP of countries A and B.
According to the rule of 70, let's compute how long will take for the GDP of each country to double:
- Country A: 70/2.8= 25 years
- Country B: 70/1.4= 50 years
As the growth rates are constant, it is possible to compute the exact value of the GDP of each country in 100 years time using the number of years for output duplication.
- Country A duplicates its growth every 25 years. Hence, it will happen 4 times in 100 years. In year 25, the output will be $100,000. In year 50, it will duplicate again and reach $200,000. The third duplicate will take place in year 75 and GDP will sum $400,000. Finally, in year 100 it will duplicate one last time and country A will end up the century with a GDP per capita of $800,000.
- Country B duplicates its growth every 50 years. Therefore, it will happen twice in 100 years. In year 50, the output will be $100,000. In year 100, the last duplicate will take place, and country B will end up with a GDP per capita of $200,000.
