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An upward-sloping term structure of interest rates indicates:
Risk Society
A concept describing modern societies as increasingly preoccupied with the future and also with safety, often addressing risks that are a consequence of technological development.
Technological Hazards
Hazards originating from technological or industrial accidents, infrastructure failures, or certain human activities that may cause harm to people and the environment.
Global Danger
A threat or risk that affects people or environments at a worldwide scale, encompassing issues like climate change, pandemics, and international conflicts.
Technopoly
A culture or society that promotes the ideology that the primary, if not the only, means to solve problems and improve life is through technological solutions and innovation.
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