If Lower Profits in Foreign Countries Result in Decreased Investment

question 37

Multiple Choice

If lower profits in foreign countries result in decreased investment from foreign countries into the United States,continued investment growth from saving will have to rely more on

• A)U.S.household saving.
• B)Local government saving from deficit spending.
• C)Federal government saving from deficit spending.

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Definitions:

Planned Obsolescence

A business strategy in which products are deliberately designed to have a limited useful life or become outdated quickly, encouraging consumers to purchase new or upgraded products more frequently.

Fordlandia

A failed industrial town founded in the Brazilian Amazon by American industrialist Henry Ford in the 1920s, intended to secure a source of cultivated rubber for his automobile manufacturing operations.

Eugenics

A discredited and controversial social philosophy advocating the improvement of human genetic traits through selective breeding or genetic manipulation.

Pan-Africanism

A political and social movement that seeks to unify African people, both on the continent and in the diaspora, to work towards their collective interests.