The Key to Producing and Organizing Factors of Production to Increase

question 85

True/False

The key to producing and organizing factors of production to increase economic growth is having institutions that create the proper incentives.

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Definitions:

Increases

The act of becoming greater in size, amount, number, or intensity.

Disengagement Theory

The view that aging makes a person’s social sphere increasingly narrow, resulting in role relinquishment, withdrawal, and passivity.

Social Sphere

Describes the domain of human interaction and relationships, encompassing the structures within society that influence social behavior and connectivity.

Withdrawal

A psychological and/or physical syndrome that occurs after cessation of or reduction in intake of a substance that was used regularly.