In Population Australia Is Notable

question 25

Multiple Choice

In population Australia is notable

• A)because it is about as densely populated as Europe.
• B)its arithmetic density overall is moderately high.
• C)since it rivals Japan and China in population total numbers.
• D)as it is virtually empty of population except in some coastal areas.

Distinguish between the concepts of diffusion, creative destruction, and technological advancements.

Understand the impact of technological advancements on allocative and productive efficiency.

Recognize the different sources of R&D financing, including venture capital and retained earnings, and their relevance to firm size.

Understand the economic implications of the interest-rate cost-of-funds curve on R&D financing.

---

Definitions:

Internal Colonialism

Involves one race or ethnic group subjugating another in the same country. It prevents assimilation by segregating the subordinate group in terms of jobs, housing, and social contacts.

Expulsion

Is the forcible removal of a population from a territory claimed by another population.

Conquest

The act of conquering or taking control over a place or people, usually through military force.

Racism

Is the belief that a visible characteristic of a group, such as skin colour, indicates group inferiority and justifies discrimination.