The Major Sources of Economic Growth Are

question 15

Multiple Choice

The major sources of economic growth are

• A) gains from trade, entrepreneurial discovery, and investment.
• B) high taxes, an expansion in the size of government, and restrictions on investments by foreigners.
• C) rapid expansion in the supply of money, trade restrictions, and government licensing of business activities.
• D) free and open elections and politicians who are willing to place the general welfare of the populace above their political ambitions.

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Definitions:

Cognitive Process

Mental activities and operations that include thinking, remembering, problem-solving, and decision-making.

Authentic Leadership

A style of leadership that emphasizes the genuine and transparent connection between leaders and their followers, focusing on integrity, ethical values, and the ability to be oneself.

Favorable Expectations

Positive beliefs or hopes regarding future outcomes or the actions of others.

Developing the Capacity

The process of enhancing individual or organizational ability and potential for performance and productivity.