According to the New Growth Theory

question 192

Multiple Choice

According to the new growth theory

• A) technology should be considered as a factor of production.
• B) technology plays a minor role in economic development.
• C) technology provides few rewards to the society.
• D) technology is a natural by-product of invention.

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Definitions:

Personal Agenda

An individual's private objectives or motivations that guide their actions, potentially diverging from their public or stated goals.

Burns's Perspective

Relates to James MacGregor Burns's view on leadership, emphasizing transforming leadership as a process that changes both leaders and followers through mutual engagement.

Ethical Leadership

Leadership that is characterized by high moral standards, influencing others to uphold similar values and integrity.

Transformational

Relating to or involving significant change, particularly in a context that inspires or encourages improvement and innovation.