The science budget that was sent to Congress for fiscal 1969 continued to inch ahead in terms of dollars, but it was plain that the rate of growth had leveled off. The average annual increase of the federal research and development budget during the administration of Pres. Dwight D. Eisenhower had been 15.1%; under Pres.
Perhaps more significant than the actual size of the population is the rate of growth and the ratio of people to arable land. The rate of growth is estimated at about 2.2% per annum. Although this rate is not among the world's lighest, if such a relatively moderate rate is ipplied to the large base population, the annual jrowth exceeds 15 million people. Also, when Jie total land area of China is considered, the lumber of people per square mile is about 160 (414 per sq km), a rather low density.
The growth of the British economy—measured conventionally as the compound annual rate of growth of the gross national product per head-has averaged since 1950 about 2.5%, or about one half the rates of other industrialized economies. Productivity in manufacturing has grown at a slightly higher rate than in the service sector, and in some sectors of manufacturing (chemicals and motors, for example) much faster than in others (textile and food industries).
The science budget that was sent to Congress for fiscal 1969 continued to inch ahead in terms of dollars, but it was plain that the rate of growth had leveled off. The average annual increase of the federal research and development budget during the administration of Pres. Dwight D. Eisenhower had been 15.1%; under Pres.