A Basic Precondition Necessary to Achieve Economic Growth Is

question 43

Multiple Choice

A basic precondition necessary to achieve economic growth is

• A) a well-organised work force.
• B) well-functioning factories.
• C) a well-functioning legal system.
• D) the well-being of society.
• E) a strong central government that directs the nation's research and development activities.

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Definitions:

Information Processing Model

A cognitive approach to understanding how the human mind transforms sensory information, involving stages such as encoding, storage, and retrieval of information.

Memory

The mental process of encoding, storing, and retrieving information.

Computer

An electronic device designed to accept data, perform prescribed mathematical and logical operations at high speed, and display the results of these operations.

Event

An occurrence, situation, or incident that takes place, which can be significant or ordinary, influenced by various factors and having potential consequences or outcomes.