There was an extended interval of stronger productiveness progress from 1917 to 1973 pushed by low-cost oil and rising utilization of vehicles and extra environment friendly factories. We are getting into a brand new interval of stronger productiveness progress from vitality cheaper than oil, self-driving vehicles making transportation cheaper than automobile possession, AI-Big Data and robotics boosting the effectivity of enterprise and medicines that can treatment ailments and restore vitality. The speedy productiveness enhancements of the Depression years laid the groundwork not just for the speedy mobilization for manufacturing throughout World War II but additionally for the “golden age” of postwar productiveness progress

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