A Key to Economic Growth and Development Is To

question 244

Multiple Choice

A key to economic growth and development is to:

• A)Locate more deposits of gold and other precious metals.
• B)Emphasize a fair and equitable distribution of income.
• C)Provide people with better education.
• D)Allow government planning to guide the allocation of resources.

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Definitions:

Delay of Gratification

The ability or decision to postpone immediate satisfaction in order to achieve a future benefit or reward.

Immediate Comforts

Immediate or short-term pleasures or alleviations of discomfort that may not necessarily contribute to long-term well-being.

Human Nature

The innate characteristics, behaviors, and qualities that define humans, including both biological and psychological aspects.

Altruistic

Showing selfless concern for the well-being of others; often characterized by behavior that benefits others at a personal cost.