Which Is Considered an Immediate Cause of Economic Growth

question 21

Multiple Choice

Which is considered an immediate cause of economic growth?

• A) good incentives
• B) the extent of government support in free markets
• C) physical capital
• D) good luck

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Definitions:

Bankruptcy Legislation

Refers to laws that govern the process through which individuals or entities who are unable to meet their financial obligations can seek relief from some or all of their debts.

Dual Purpose

Refers to an item or activity designed for two distinct functions or goals, often seen in tax, legal, or functional contexts.

Dischargeable Debts

Debts that can be wiped out or eliminated in bankruptcy proceedings.

Good Faith

Acting with honesty and integrity in dealings, without the intent to defraud or seek unfair advantage.