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Over Time,foreign Investment Is Credited with the Greatest Contribution to Economic

question 124

True/False

Over time,foreign investment is credited with the greatest contribution to economic growth in the United States.
Over time,research and development are credited with the greatest contribution to economic growth in the United States.


Definitions:

Industrial Era

A period in history characterized by significant technological advancements and the rise of industrial production from the late 18th to the early 20th century.

Bureaucracy

An organizational structure characterized by hierarchical authority, rigid division of labor, written rules, and impersonal relationships, primarily in governmental and large institutional settings.

Rational-legal Authority

A form of leadership in which authority is largely tied to legal rationality, legal legitimacy, and bureaucracy.

Max Weber

A German sociologist, economist, and political theorist renowned for his theories on the structure of society, including bureaucracy and social stratification.

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