According to New Growth Theory, Technological Change Is Driven by

question 268

Multiple Choice

According to new growth theory, technological change is driven by

• A) random chance.
• B) government policies.
• C) foreign firms' attempts to increase their sales in the domestic market.
• D) firms' attempts to increase their profit.

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Definitions:

Emotional Stability

The ability to remain steady and balanced in one's emotions, rather than being easily upset or distressed.

Agreeableness

A personality trait characterized by qualities such as trustworthiness, altruism, kindness, affection, and other prosocial behaviors.

Openness

A personality trait that features the willingness to experience a variety of activities, high curiosity, and an appreciation for art and adventure.

Humanistic Perspectives

A psychological approach that emphasizes the study of the whole person and the uniqueness of each individual's experience, focusing on self-determination and free will.