Diminishing Returns Explain Why Labor and Capital Alone Cannot Account

question 56

True/False

Diminishing returns explain why labor and capital alone cannot account for the phenomenal growth in productivity during the last 200 years.

---

Definitions:

Transgendered Inmates

Prisoners who identify with a gender different from the one assigned at birth, often facing unique challenges in the correctional system.

Correctional Facilities

Institutions designed for the detention and rehabilitation of individuals who have been convicted of crimes.

Central Norms

Central norms refer to the fundamental standards, behaviors, or beliefs that are widely accepted and upheld within a society or group.

Policy and Ethical Debate

involves discussions that examine the moral implications and practical effects of public policies, weighing considerations of justice, fairness, and societal benefit.