Modern Economies Require Constant Growth,and with That Growth Comes an Ever-Increasing

question 57

Multiple Choice

Modern economies require constant growth,and with that growth comes an ever-increasing need for resources,called:

• A) global dimming.
• B) economic modernization.
• C) the treadmill of production.
• D) the new ecological paradigm.

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Definitions:

Minimal Welfare

A social welfare system that provides only the most basic level of support to individuals who are unable to support themselves.

Neoliberal State

A type of government that strongly favors free-market capitalism, minimal government intervention in the economy, and reduction in social spending.

Authoritarianism

A political system characterized by a concentration of power in a leader or an elite not constitutionally responsible to the populace.

Economic Elites

A group of individuals holding significant wealth and power in a society, often influencing policy and decision-making processes.