Thomas Malthus's Model Made the Mistake of Failing to Consider

question 129

Multiple Choice

Thomas Malthus's model made the mistake of failing to consider:

• A) technological progress.
• B) inflation.
• C) comparative advantage.
• D) scarcity.

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Definitions:

Working Class

A social class broadly characterized by individuals who perform manual labor or blue-collar jobs, and typically have lower socioeconomic status.

Culture of Poverty

A concept suggesting that poverty is not only a result of lack of economic resources but also a result of a specific set of social and cultural values shared among people living in poverty.

Deferred Gratification

The capacity to withstand the allure of an instant gratification in favor of receiving a reward at a future time.

Classism

Prejudice or discrimination based on social class, often manifesting as an unequal treatment of people from different economic and social backgrounds.