One of the Basic Economic Defenses of Economic Growth Rests

question 217

Multiple Choice

One of the basic economic defenses of economic growth rests on the conclusion that

• A) growth makes workers less obsolete and more secure in employment.
• B) growth reduces the cost to society of "common property" resources.
• C) growth makes the gap between unlimited wants and scarce resources less acute.
• D) a growth-oriented society confers a "work and look to the future" attitude on the members of society.

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Definitions:

Wealthy Individuals

Affluent persons with significant disposable income, often targeted by companies or fund managers as potential investors in ventures or high-value products.

Formal Investors

Institutional or accredited investors who officially engage in funding businesses, typically through structured deals involving equity or debt financing.

Creative Bootstrapping

Innovative and resourceful ways of financing a startup or project with minimal external assistance, relying heavily on internal resources and clever strategies.

Equity Preservation

Strategies and practices aimed at maintaining or increasing the value of shareholders' equity in a company.