Which of the Following Are Important for Countries to Promote

question 46

Multiple Choice

Which of the following are important for countries to promote with property rights and incentives if economic growth is to occur?
I.specialization
Ii.saving and investment
Iii.increases in human capital
Iv.discovery of new technology

• A)i,ii,iii and iv.
• B)ii and iii.
• C)iii and iv.
• D)ii and iv.
• E)i,ii and iv only.

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Definitions:

Innate System

The innate system typically refers to inborn biological structures or mechanisms that come naturally, without being learned or acquired.

Survival Value

The degree to which a behavior or trait increases the chances of an individual or species to survive and reproduce.

Observable Characteristics

Traits or features of individuals or objects that can be directly seen or measured.

False Consensus

A cognitive bias whereby individuals overestimate how much others share their beliefs, attitudes, and behaviors.