Henry George Expounded on the Virtues of His "________" in a Book

question 67

Short Answer

Henry George expounded on the virtues of his "________" in a book titled Progress and Poverty.

---

Definitions:

Income Source

The origin or means through which an individual, company, or entity earns money.

Utility Function

An expression that captures how a consumer ranks different bundles of goods based on the level of utility or satisfaction each bundle provides.

Labor Income

Earnings from work or employment, including wages, salaries, bonuses, and any other form of payment for labor services.

Budget Constraint

The limitation on the consumption bundles that a consumer can afford based on their income and the prices of goods and services.