In some cases, economic growth can have unintended costs to living standards. These cookies can only be read from the domain that it is set on so it will not track any data while browsing through another sites. Which of the following summarize how the social-cultural-political environment of the United States has encouraged economic growth? This website uses cookies to improve your experience while you navigate through the website. Productivity This cookie is set by GDPR Cookie Consent plugin. Which of the following are some possible reasons for the slowdown in productivity growth rates starting in 2010? Management provides the best food and entertainment to thank the employees for their hard work. (a) What does the speaker want in exchange for revealing the song's secret? Stronger productivity growth and heightened global competition. factor. Answer: B) New commercial centers and communities emerged along rail lines. Possible inflation. The core element of the productivity speedup between 1995 and 2010 was an explosion of entrepreneurship and innovations based on ______. Fiber-optic cable the four determinants of an economy's physical ability to achieve economic growth by increasing potential output and shifting out the production possibilities curve. Used by Google DoubleClick and stores information about how the user uses the website and any other advertisement before visiting the website. 23. Which of the following institutional structures promote and sustain modern economic growth? Increases in hours worked Thus, it can be very damaging to increase the rate of economic growth above the sustainable rate. D) They sought to minimize the influence of consumerism. This cookie is used to collect information on user preference and interactioin with the website campaign content. Increases in the quantity and quality of human resources This cookie is set by Videology. B. a. A) Social Darwinists argued that competition among immigrant workers would benefit the economy. The growth-promoting institutional structure that involves the ability of citizens to own land, houses and businesses is called private ___________rights (one word). 43. Which of the following developments most likely explains the trade policies Burlingame advocates in the excerpt? Economic growth without pollution is possible if care is taken to concentrate on more environmentally friendly methods. This investment in public services can help improve the long-term performance of the economy. Answer: D) Government subsidies facilitated the construction of transportation and communication networks. Higher standard of living, An economy that is experiencing economic ______ is better able to The two main supply-side elements that contribute to changes in real GDP are increases in hours worked and increases in ______. The chart of accounts for the pro shop includes Cash, Accounts Receivable, Inventory, Accounts Payable, Owners Capital, Sales Revenue, Sales Returns and Allowances, Purchases, Purchase Returns and Allowances, Purchase Discounts, and Freight-In. A. cannot make a meaningful comparison of the economy's performance in 2013 relative to 2012. Human capital refers to _____. A nation's economic growth from one year to the next depends on its ______. Answer: C) Populists sought new markets for United States agricultural goods overseas. D) In both periods, the forced migration of enslaved people provided labor for extracting natural resources in United States mining towns. Which of the following forms of speech receives the greatest . The demand factor involves households, businesses, and government purchasing the economy's expanding output of goods and services so that there will be ______. savings by households, governments, and foreigners. Improvements in technology. Which of the following are sources of increasing returns? 18 Apr 2023 08:23:06 B) Chief Joseph believed that Native American tribes had a right to sovereignty, while Commissioner Parker believed that Native American tribes were not sovereign nations. Which of the following are used by economists to define and measure economic growth? The cookie is used to store the user consent for the cookies in the category "Performance". Stronger productivity growth and heightened global competition. b. Which of the following are the types of firms to which Apple and Dell belong? The four supply factors that constitute changes in physical and technical agents of production ______. in output levels are called ____. Which of these explain why growth is an important economic goal? This cookie is used to check the status whether the user has accepted the cookie consent box. Efficiency factor is when an economy must achieve economic efficiency as well as ______ to reach its full production potential. This cookie is set by LinkedIn and used for routing. Blank 2: Copyrights or Trademarks, Countries that develop and use the most advanced technologies. For example, the garment industry in Bangladesh is an important source of employment and export revenue, and the rapid urbanization of cities like Lagos is seen as necessary for economic development. Given the annual rate of economic growth, the "rule of 70" allows one tocalculate the number of years required for real GDP to double. People who disagreed at the time with the ideas expressed in the poem were most likely to advocate for which of the following government policies? Computers, fiber-optic cable, wireless technology, and the Internet represent advances in a special type of technology known as__________ technology. The purpose of the cookie is not known yet. Japans growth in the 1960s and 70s and China currently. Increase in democracies. The six "determinants" of economic growth are grouped into three categories: one demand factor, four _____ factors, and one efficiency factor. C) The economic gap between the social classes narrowed as standards of . Which of the following helps explain why the growth rate in the United States has been positive during the 1900s? Elimination of archaic social norms D) Extend international influence through trade. The cookie stores a unique ID used for identifying the return users device and to provide them with relevant ads. Apr. Which of the following statements best summarizes the real Growth, What are leader countries? First, suppose that Mexico experiences rapid economic growth for a long time. False If you think a sentence would read better in the active voice, rewrite the sentence and change the verb to the active form. B) They organized reform movements in order to fight for political equality. The cookie stores a videology unique identifier. An earthquake destroys one of the oil refineries owned by a large multinational oil company. Employment rising HDI) Employment effects - sustained growth stimulates jobs and contributes to lower unemployment rates which is turn helps to reduce income inequality. ________ and _________ give a strong financial incentive to inventors and authors to invent and create. Increased consumption. Helps users identify the users and lets the users use twitter related features from the webpage they are visiting. The situation of the excerpt could best be used by a historian to support which of the following explanations of changes in society during the Gilded Age? : an American History (Eric Foner), Civilization and its Discontents (Sigmund Freud), Principles of Business Management (BUS 1101), Instructional Planning and Assessments for Elementary Teacher Candidates (ELM-210), Introduction To Computer And Information Security (ITO 310), RN-BSN HOLISTIC HEALTH ASSESSMENT ACROSS THE LIFESPAN (NURS3315), Strategic Human Resource Management (OL600), Professional Application in Service Learning I (LDR-461), Advanced Anatomy & Physiology for Health Professions (NUR 4904), Principles Of Environmental Science (ENV 100), Operating Systems 2 (proctored course) (CS 3307), Comparative Programming Languages (CS 4402), Business Core Capstone: An Integrated Application (D083), EES 150 Lesson 2 Our Restless Planet Structure, Energy, & Change, 1010 - Summary Worlds Together Worlds Apart, 3.1.6 Practice Comparing Executive Organizations, 3.4.1.7 Lab - Research a Hardware Upgrade, Full Graded Quiz Unit 3 - Selection of my best coursework, Fundamentals of Nursing 9th Edition Taylor Test Bank-1-10, Cecilia Guzman - Identifying Nutrients Gizmo Lab, WK Number 2 Atomic Structure Chemistry 1 Worksheet Assignment with answers, CWV-101 T3 Consequences of the Fall Contemporary Response Worksheet 100%, Tina jones comprehensive questions to ask, 324069444 Introduction to Mastering Chemistry, Lab 1-Chemistry and Measurement-Lab Report, Wong s Essentials of Pediatric Nursing 11th Edition Hockenberry Rodgers Wilson Test Bank, Is sammy alive - in class assignment worth points, Leadership class , week 3 executive summary, I am doing my essay on the Ted Talk titaled How One Photo Captured a Humanitie Crisis https, School-Plan - School Plan of San Juan Integrated School, SEC-502-RS-Dispositions Self-Assessment Survey T3 (1), Techniques DE Separation ET Analyse EN Biochimi 1, Economists define and measure economic growth as ____. The treasurers staff contended that the firm was running low on cash and might have trouble paying its bills over the coming months; they requested that cuts be made to the budget for the party. These include. This cookie tracks anonymous information on how visitors use the website. C) Encourage settlement west of the Mississippi River. This cookie is set by linkedIn. The excerpt best serves as evidence of which of the following developments for many individuals who amassed great wealth during the period? This cookie is used to store information of how a user behaves on multiple websites. 7 - Paid freight on Tiger Co. purchases $50. Answer: B). The sentence may have more than one misspelled word. This cookie is used to sync with partner systems to identify the users. Reductions in per-unit production costs that result from increases in output levels are called ______. Those countries which experienced modern economic growth earlier than other countries now have significantly ______. Firstly, higher GDP implies the economy is producing more goods and services and therefore consumers can enjoy more goods and services. C) Both argued against the signing of treaties to take American Indian lands. New forms of business organization. Other than a higher standard of living and more innovations, which of the following are true of the impacts of modern economic growth in industrialized nations? Proposition 22 is another one of those propositions that sounds good, but is filled with hidden provisions that hurt taxpayers. This cookie is provided by Tribalfusion. economic growth per capita in the United States between 1950 and d. lower the price level, but leave output unchanged. New managerial methods Journalize the April transactions using a periodic inventory system. Bangladesh has sustained robust economic growth, led by industrial development and urbanization, for the past three decades. a. An economy that is experiencing economic ______ is better able to meet people's wants and resolve socioeconomic problems. enable an economy to expand its potential GDP. We also use third-party cookies that help us analyze and understand how you use this website. 17. 2018? Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Bodnar's and Ewen's overall arguments in the excerpts together best support which of the following conclusions? Supply It remembers which server had delivered the last page on to the browser. systems are all growth-promoting institutional structures. This is done by matching "tidal_ttid" with a partner's user ID inorder to recognise the same user. A) Nativists rejected the use of immigrant workers for transportation infrastructure construction. Free trade. The cookies store information anonymously and assign a randomly generated number to identify unique visitors. b. increase both the price level and the quantity of output produced. (Check all that apply. Stronger ______ growth and heightened ______ competition allow the economy to achieve a greater rate of economic growth. A) They grew to be more financially stable than elites. The six "determinants" of economic growth are grouped into three categories: one demand factor, four ___________ factors, and one efficiency factor. D) The growth of Populist political platforms encouraged economic reform. Which of the following statements best summarizes the real economic growth per capita in the United States between 1950 and 2018? The cookie is set by Addthis which enables the content of the website to be shared across different networking and social sharing websites. Innovative production techniques. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. A) Both argue that the strength of immigrant families weakened in the United States. Some low-income and middle-income economies around the world have shown a pattern of convergence, in which their economies grow faster than those of high-income countries. Which of the following allow the economy to achieve a higher rate of economic growth? Answer: A) The increase in migration by White settlers. Real GDP per capita rose nearly fourfold. Somebody makes and sells the air pollution control technologies we put on power plants and motor vehicles. D) Immigrants compromised between the cultures they brought and the cultures they found in the United States. The main purpose of this cookie is targeting, advertesing and effective marketing. A) Populists supported limitations on the railroad rates charged to farmers. C) They moved westward in large numbers to escape segregationist laws. a. other environmental problems Real GDP grew at an annual rate of about 3.1 percent. Reductions in per-unit production costs that result from increases in output levels lead to ______ of ______. This cookie helps to categorise the users interest and to create profiles in terms of resales of targeted marketing. Enable an economy to expand its potential GDP D) Federal support to protect the voting rights of African Americans. A) Businesses made use of new management structures to increase the production of goods. Countries that develop and use the most advanced technologies, which then became available to follower countries, are known as ___________ countries. C) Reformers encouraged city residents to fight corruption by joining utopian communities. a. 15. True or false: Growth enables society to improve nations' infrastructure. The efficiency factor involves both productive and allocative efficiency, which means in order to reach its full production potential an economy must ______. Higher output will lead to increased pollution and congestion which can reduce living standards e.g. This cookie is set by the provider Addthis. No social or moral taboos on production. GDP in the United States between 1950 and 2018? Modern economic growth has significantly increased the Lower unemployment. b. Economies of scale than other countries now have significantly _____. b. Rapid economic growth results in pollution, global warming and other environmental problems. Identify the supply factors that are "determinants" of economic growth. The purchase of the economys expanding goods and services by c. Materialism, Economic growth provides society _____. Apr. Those countries which experienced modern economic growth earlier than other countries now have significantly ______. Because economic growth is the single most important factor influencing poverty, and macroeconomic stability is essential for high and sustainable rates of growth. 2. This cookie is used to set a unique ID to the visitors, which allow third party advertisers to target the visitors with relevant advertisement up to 1 year. B) Real GDP remained constant. More specialized inputs such as specialized workers and inventory management systems. Answer: D). The cookie is used for ad serving purposes and track user online behaviour. Answer: C) They backed political movements calling for limits on corporate power and government ownership of transportation. C) They faced declining working conditions. Stores information about how the user uses the website such as what pages have been loaded and any other advertisement before visiting the website for the purpose of targeted advertisements. that is embodied in the work force. To optimize ad relevance by collecting visitor data from multiple websites such as what pages have been loaded. The domain of this cookie is owned by Videology.This cookie is used in association with the cookie "tidal_ttid". A) They came to believe that they had a moral obligation to help improve society to address the needs of the working and middle classes. greater material abundance, industrialized nations? Efficiency factor is when an economy must achieve economic Which of produce the following are arguments against rapid economic growth? Greater material abundance Other than a higher standard of living and more innovations, which of the following are true of the impacts of modern economic growth in industrialized nations? B) The creation of the sharecropping system improved agricultural production. e. Competitive market system 27 - Granted credit to customers for clothing that had flaws $35. which then became available to follower countries, are known as ______ for the purpose of better understanding user preferences for targeted advertisments. This Cookie is set by DoubleClick which is owned by Google. Reread the excerpt, and take notes on Diamond's use of technical terms. A) New scientific theories of race emerged to justify segregation. an increase in real GDP per capita over some period of time.