The Slowdown in U

question 2

Multiple Choice

The slowdown in U.S.economic growth in the period 1974-95 was primarily caused by ________.

• A)falling labor growth
• B)falling capital growth
• C)falling productivity growth
• D)none of the above

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Definitions:

Technological Factor

An aspect of the external environment that represents how advances in technology can impact business operations and market competitiveness.

PEST Analysis

A framework used to analyze and monitor the macro-environmental factors that may have a profound impact on an organization's performance. This includes Political, Economic, Social, and Technological factors.

Advancement Of Infrastructure

The improvement or upgrading of the foundational physical and organizational structures needed for the operation of a society or enterprise.

Licensing

The process of granting permission to use intellectual property rights, such as trademarks, patents, or technology, under defined conditions.