A Developing Nation Decides to Make a Law Preventing Foreigners

question 47

Multiple Choice

A developing nation decides to make a law preventing foreigners from owning businesses or land.How will this policy affect economic growth?

• A) It will increase economic growth,because citizens will be able to more easily buy land and resources.
• B) It will increase economic growth,because foreign investors are not interested in improving the country.
• C) It will increase economic growth,because foreign investment reduces interest rates.
• D) It will decrease economic growth,because limiting foreign investment will reduce interest rates.
• E) It will decrease economic growth,because flow of funds across the border is essential to maximizing investment.

Recognize the importance of innovation and creativity within organizations for social change.

Identify factors that contribute to the success of social entrepreneurship initiatives.

Understand the global context and opportunities for social entrepreneurship in the 21st century.

Appreciate the ethical considerations and sense of accountability in social entrepreneurship.

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Definitions:

Prisoner's Dilemma

A theoretical game in game theory showing why two rational individuals might not cooperate even if it appears that it is in their best interest to do so.

Reciprocity

A social exchange principle where the actions of one individual lead to a reciprocal action by another, often seen in cooperative behaviors amongst animals and humans.

Altruism

Selfless concern for the well-being of others, where individuals may act to benefit others even at a cost to themselves.

Kin Selection Theory

A theory in evolutionary biology that predicts organisms will behave altruistically towards their relatives to increase the chances of their genetic traits being passed on to future generations.