Economic Growth Occurs Because

question 36

Multiple Choice

Economic growth occurs because

• A)labor forces grow.
• B)capital stocks grow.
• C)new inventions raise productivity.
• D)All of the above.

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Definitions:

Group Development

The process through which a group progresses through stages of formation, conflict, norming, performing, and adjournment.

Cognitive Dissonance

The mental discomfort experienced by a person who holds contradictory beliefs, ideas, or values at the same time.

Group Synergy

The phenomenon in which the collective output, results, or performance of a group is greater than the sum of the individual efforts.

Tuckman's Theory

A model of group development that outlines stages of forming, storming, norming, performing, and adjourning.