The neoclassical growth model also known as the Solow-Swan model was put forward to explain long-term economic growth and development by examining economic variables such as accumulation of capital, growth of labor and advancement of technological processes. This model can be used to provide theoretical framework which will aid in explaining and comparing the economic growth of China and India. The model stresses out on the manner in which examine and interpret data. For example, China’s high level of investment should not be directly interpreted as steady economic growth (Huisken 238). This is because economic growth in the ...
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A Previously unknown species of hominins, Homo Naledi was discovered as recently as 2013, in the Dinaledi Chamber of the Rising Star cave system. Researchers found an extensive collection of fossils, belonging to 15 individuals of the same species. When examined, researchers found that the individuals belonged to a previously unknown species, because their morphology was different than that of other known species of primates. In their description, Berger et al. found that the hominin has unique cranial morphology, although closely related to other species of hominins, human-like adaptations of the hand and wrist, and humanlike foot and limb ...