The Theory That Suggests That Our Unlimited Wants Will Lead

question 50

Multiple Choice

The theory that suggests that our unlimited wants will lead to perpetual economic growth is the

• A) classical growth theory.
• B) sustained growth theory.
• C) neoclassical growth theory.
• D) new growth theory.
• E) Keynesian growth theory.

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Definitions:

Reinforcing

Refers to the process of increasing the likelihood of a behavior by following it with a reward or positive outcome.

Habituated

The process by which an individual becomes accustomed to a stimulus after repeated exposure, leading to a decrease in their response to that stimulus.

Manipulating Puzzles

The action of assembling or arranging pieces of a puzzle, which involves cognitive and physical manipulation to achieve a specific goal.

Socialize

The process of learning and adapting to the norms, customs, values, and behaviors necessary for participating within a society or group.