Economic Growth Is the Result of All of the Following

question 12

Multiple Choice

Economic growth is the result of all of the following EXCEPT

• A) opportunity cost.
• B) capital accumulation.
• C) technological change.
• D) investment in human capital.

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Definitions:

Maslow's Lesson

Maslow's Lesson underscores the importance of understanding and addressing basic human needs before one can achieve higher levels of self-actualization, based on Maslow's hierarchy of needs.

Needs Level

Refers to the hierarchy of needs ranging from basic physiological needs to higher-level psychological needs, as identified in theories of psychology.

Relatedness Needs

The psychological needs for interpersonal relationships and emotional connections with others.

Esteem Needs

In Maslow’s hierarchy, include recognition from peers and colleagues.