Which of the Following Best Describes the Relationship Between Economic

question 93

Multiple Choice

Which of the following best describes the relationship between economic growth and literacy?

• A)​As the economy grows, literacy declines because it becomes less and less useful in a developed economy.
• B)​Increased literacy initially stimulates economic growth by raising labor productivity, but as the economy grows and the opportunity cost of education rises, literacy declines.
• C)​Increased literacy stimulates economic growth by raising labor productivity, and as the economy grows, people consume more education.
• D)​There is no correlation between economic growth and literacy.

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Definitions:

Milgram Study

A psychological experiment conducted by Stanley Milgram which measured the willingness of study participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms, often as a result of real or imagined group pressure.

Authority

The legitimate or socially approved use of power within a societal structure.

Ordinary People

Can denote everyday individuals who are not distinguished by official, remarkable, or celebrity status within society.