According to New Growth Theory, _______ Is Advocated as a Critical

question 136

Multiple Choice

According to new growth theory, _______ is advocated as a critical component of economic growth.

• A)government spending
• B)new equipment
• C)access to Federal natural resources
• D)education

---

Definitions:

Internal Factors

Elements within an organization that influence its operation, such as company culture, employees, and internal processes.

Triggering Event

A triggering event is a specific situation or occurrence that initiates a sequence of actions, often leading to a change or response in a system or process.

Personal Characteristics

Individual attributes or traits that define a person, such as personality, skills, and values.

Small Business Owner

A small business owner is an individual who owns and operates a business of limited size, scope, and revenue, typically defined by the number of employees or annual earnings.