Thomas Malthus Was Pessimistic About the Ability of a Society

question 257

Multiple Choice

Thomas Malthus was pessimistic about the ability of a society to achieve high standards of living for most of its citizens because he believed that:

• A)Government has a natural tendency to run deficits that would eventually bankrupt a nation.
• B)Significant population growth would result in shortages of food and resources.
• C)Owners of businesses would deliberately exploit their employees in an attempt to earn greater profits,and this would ultimately lead to a worker's revolt.
• D)High tax rates would eventually undermine people's incentives to work hard and create wealth.