Which of the Following Is One of the Suggested Means

question 292

Multiple Choice

Which of the following is one of the suggested means of increasing the rate of growth of capital per hour of labor or increasing the pace of technological change?

• A) taxing consumption rather than income to encourage saving
• B) reducing the budget of the National Science Foundation
• C) creating a government agency to manage investments in high tech industries to maximize the return and minimize the risk
• D) restricting international trade so that domestic industry can grow

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Definitions:

Economic Deprivation

Refers to a state where individuals or groups lack the financial resources and essentials for a minimum standard of living.

Labelling

The process of categorizing individuals or groups based on attributes, often leading to stereotyping or stigmatization.

Relative Deprivation

Is an intolerable gap between the social rewards people feel they deserve and the social rewards they expect to receive.

Social Breakdown

The disintegration of societal structures and norms, leading to widespread chaos or dysfunction.