The Dire Predictions of the 1974 Club of Rome's the Limits

question 67

Multiple Choice

The dire predictions of the 1974 Club of Rome's The Limits of Growth report are in part discredited because

• A) the United States' mineral resources are infinite in supply.
• B) growing populations do not consume resources at higher rates.
• C) the U.S. economy has significantly reduced its overall consumption of resources because of its affluence.
• D) as minerals become scarce and increase in price, it becomes cost effective for users to find substitutes.
• E) they assumed the developing countries would industrialize more rapidly than they have.

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Definitions:

Need-Satisfaction

A sales approach focused on identifying and fulfilling the specific needs or requirements of a potential customer to encourage a purchase.

Customer Benefit

Refers to the advantages or positive outcomes that customers receive from using a product or service.

Unusual Name

A name that is rare, unique, or uncommonly heard, often standing out in a particular cultural or linguistic context.

Statement Approach

A sales technique where the first communication with a prospect addresses a specific benefit or value proposition of the product or service.