A Possible Downside of Industrial Policy Is That

question 62

Multiple Choice

A possible downside of industrial policy is that

• A)the government cannot be trusted to identify emerging technologies
• B)markets allocate scarce resources better than governments do
• C)it could evolve into a government giveaway program
• D)money and competitive advantages could go to the politically connected
• E)All of the answers are correct

Understand the intangible benefits of work, including psychological rewards.

Describe current trends and perspectives in adoption.

Identify key psychoanalytic and personality theories related to adulthood.

Understand developmental crises and stages across the lifespan according to Erik Erikson.

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Definitions:

FDA

The Food and Drug Administration, a federal agency of the United States responsible for protecting and promoting public health through the control and supervision of food safety, tobacco products, dietary supplements, prescription and over-the-counter pharmaceutical drugs, vaccines, biopharmaceuticals, medical devices, and veterinary products.

Cancer-Fighting Drug

A type of medication or treatment designed to prevent, treat, or mitigate cancer.

Abnormal Return

A return on an investment that exceeds or falls short of the expected or typical rate, often due to unforeseen events.