Countries That Shift from a Manufacturing-Oriented Economy to a Service-Oriented

question 20

Multiple Choice

Countries that shift from a manufacturing-oriented economy to a service-oriented economy sometimes see their productivity growth decline over time.This phenomenon is called:

• A) Baumol's Disease
• B) Deming's Decline
• C) State Utility
• D) Service Shrink

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Definitions:

Carl Rogers

An influential American psychologist and one of the founders of humanistic psychology, known for developing client-centered therapy.

Albert Bandura

A psychologist known for his work on social learning theory, emphasizing the role of observational learning, imitation, and modeling in behavior.

Julian Rotter

An American psychologist known for his development of social learning theory and the concept of locus of control.

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The systematic study and interpretation of individual behaviors and traits, along with their motivations and biological, psychological, and social bases.