Thinking Creatively and Critically Means

question 65

Multiple Choice

Thinking creatively and critically means 

• A)agreeing with your supervisor at all times.
• B)going with your gut instinct.
• C)being able to make decisions quickly.
• D)having opinions that are backed by reason and evidence.

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Definitions:

Capital Flight

The swift transfer of substantial amounts of money or assets from one country due to economic or political unrest.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, indicating improvements in living standards and economic health.

Import Substitution

An economic policy aimed at reducing dependency on imported goods by encouraging the domestic production of these goods.

Capital-intensive Production

A production process that requires a higher proportion of capital, such as machinery and equipment, in comparison to labor, to produce goods and services.