Creativity Is Ideally Both Novel and ______

question 43

Multiple Choice

Creativity is ideally both novel and ______.

• A)abstract
• B)appropriate
• C)accessible
• D)actualized

---

Definitions:

Profit-Seeking

The motivation or strategy of businesses and individuals to increase their financial gains or profits.

Property Rights

Legal rights to use, manage, and obtain benefits from a resource, property, or invention.

Market Organization

A method of organization in which private parties make their own plans and decisions with the guidance of unregulated market prices. The basic economic questions of consumption, production, and distribution are answered through these decentralized decisions.

Competitive Markets

A market structure characterized by many buyers and sellers, free entry and exit, and products that are similar but differentiated, leading to competition on price, quality, and innovation.