Three Factors Determine Output Per Capita in a Simplified Production

question 32

Essay

Three factors determine output per capita in a simplified production function. Identify the three factors and why two of them receive much more attention than the other in efforts to promote economic growth.

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Definitions:

Generalized Self

A concept in sociology referring to an individual's awareness of societal expectations and the incorporation of these expectations into their self-concept.

The Me

Concept from sociology that represents the part of an individual's self developed through social interactions, based on how others see them.

The I

A concept in sociology, especially within symbolic interactionism, that represents the spontaneous, less socialized aspect of the self.

Interpret Them

The act of understanding and explaining the meaning or significance of something.