Why Might an Economist Argue That It Could Be Damaging

question 55

Essay

Why might an economist argue that it could be damaging to the economic growth of a nation if it focused mostly on the production of consumer goods?

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Definitions:

Entrepreneurial Positions

Roles or capacities that involve initiating and managing a new enterprise, especially a business, with the aim of making a profit.

Recreational Activities

Leisure activities engaged in for enjoyment, amusement, or pleasure, often leading to relaxation and stress reduction.

Stimulus Motives

Drives that are unlearned and lead organisms to explore their environment and interact with it, seeking stimulation and information.

States Of Arousal

The various levels of alertness and physiological activity in an organism, ranging from deep sleep to intense excitement or alertness.