Which of the Following Is a Demand Factor in Economic

question 15

Multiple Choice

Which of the following is a demand factor in economic growth?

• A) More human and natural resources
• B) Technological progress and innovation
• C) An increase in the economy's stock of capital goods
• D) An increase in total spending in the economy

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Definitions:

Intellectual Property

Legal rights that result from intellectual activity in the industrial, scientific, literary, or artistic fields.

Crowdfunder

An individual or entity that contributes financial resources to a project or venture through a collective effort of multiple donors, typically via the Internet.

Ownership

The state or fact of owning something, which includes the right to possess, use, and enjoy a certain thing, tangible or intangible.

Crowdsourcing

The practice of obtaining ideas, services, or content by soliciting contributions from a large group of people, especially from an online community.