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In the Postwar Boom of the 1950s, Economists Such as Moses

question 21

Multiple Choice

In the postwar boom of the 1950s, economists such as Moses Abramovitz and Robert Solow believed that several stimuli contributed to economic growth, generating abundant opportunities for international business. Which of the following stimuli contributed the most to economic growth?


Definitions:

Results-Oriented

A focus on achieving specific goals and outcomes, emphasizing performance and accomplishment of targets.

Utilitarian View

An ethical perspective that evaluates actions based on the greatest good for the greatest number of people, emphasizing outcomes and consequences.

Ethical Behaviour

Conduct that aligns with recognized moral principles or standards, indicating integrity and fairness in personal and professional actions.

Individualism View

A perspective that emphasizes the importance and value of individual rights, freedoms, and responsibilities over the collective group.

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