The Crucial Incentive to Produce New Ideas Comes from

question 58

Multiple Choice

The crucial incentive to produce new ideas comes from

• A)patents and copyrights.
• B)international trade.
• C)rising population growth.
• D)shortages of physical and human capital.
• E)government economic guidance.

---

Definitions:

Classical Economic

A school of thought in economics that emphasizes the importance of free markets, competition, and the self-regulating nature of economies.

Socioeconomic

Relating to or concerning the interaction of social and economic factors.

Philanthropic

Relating to the act of giving money, goods, time, or effort to support a charitable cause, usually over an extended period of time and to further a social good.

Whistle-blowing

The act of exposing any kind of information or activity that is deemed illegal, unethical, or not correct within an organization.