Which of the Following Has Made the Greatest Contribution to Economic

question 103

Multiple Choice

Which of the following has made the greatest contribution to economic growth over time?

• A)Improved management techniques.
• B)Higher ratios of capital to labor.
• C)Research and development.
• D)Improved human capital.

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Definitions:

Culture Diversification

The process by which a culture becomes more varied and complex through the incorporation of different ethnic, social, or cultural influences.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.

Culture

The collective set of customs, traditions, arts, social norms, and knowledge shared by a particular group of people.

Cooperation

The process of groups working jointly towards a common goal or interest.