which of the following are arguments for rapid economic growth

My article on how anti-China and anti-Muslim sentiments are holding India back in terms of development and economy. Rapid economic growth has not solved sociological problems like poverty and homelessness. B) Trans-Atlantic commerce grew in the colonial era, taking advantage of navigational innovations. Japans growth in the 1960s and 70s and China currently. In the following sentence, cross out any misspelled word and write the correct spelling above it. c. It increases standard of living, Economists pay attention to small changes in economic growth 2. 10 - Sold merchandise on account to customers $600, terms n/30. than other countries now have significantly _____. Environmental costs. Efficiency The cookie is used for targeting and advertising purposes. Strong property rights that give citizens the right to own investments and property. This cookie is used for sharing of links on social media platforms. b. increase both the price level and the quantity of output produced. economic growth include increasing the quality and quantity of natural, a. Countries that develop and use the most advanced technologies. This cookie is used for social media sharing tracking service. B) Bodnar claims that immigrants were supported by family networks, whereas Ewen claims that immigrants depended mostly on their own initiative. Which of the following statements best summarizes the growth in real GDP in the United States between 1950 and 2018? savings by households, governments, and foreigners. A) Both argue that the strength of immigrant families weakened in the United States. for the purpose of better understanding user preferences for targeted advertisments. This cookie is set by Addthis.com to enable sharing of links on social media platforms like Facebook and Twitter, This cookie is used to recognize the visitor upon re-entry. 45. We use cookies on our website to collect relevant data to enhance your visit. Economic growth is normally calculated as a percentage rate of growth per quarter or per ______. they were the last provisions in the Bill of Rights to be incorporated through the due process clause of the Fourteenth Amendment. Which of the following pieces of evidence could best be used to support Addams' argument in the excerpt about politics in the late 1880s? The six "determinants" of economic growth are grouped into three categories: one demand factor, four _____ factors, and one efficiency factor. Answer: C) Rural immigrant populations outpaced those of cities as access to land became easier. The cookie is used to give a unique number to visitors, and collects data on user behaviour like what page have been visited. Which of the following statements best summarizes the real economic growth per capita in the United States between 1950 and 2018? Economies of scale Modern economic growth has significantly increased the standard of living as well as _______, social, and political arrangements. Because people will not invest if they believe that thieves, bandits, or a rapacious and tyrannical government will steal their investments or their expected returns, ______ are important. This cookie is used for advertising purposes. than other countries now have significantly _____. The core element of the productivity speedup between 1995 and b. Thomas Piketty observed that, without sufficient policies of redistribution, the wealthy tend to increase their wealth at a faster rate than economic growth because they can reinvest their dividends. Recent products like Internet apps that are free and do not generate a measurable effect on GDP A) Social Darwinists argued that competition among immigrant workers would benefit the economy. ), Identify the sources of increasing returns for firms. 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. (b) Why does the speaker want to make this deal? This cookie is set by the Bidswitch. Output per hour of work is the definition of: The determinants that directly affect economic growth can be grouped into which of the following categories? D) Having free trade. Stronger productivity growth and heightened global competition With higher incomes and more production, they together work to increase productivity. Reductions in per-unit production costs that result from increases in output levels are called ______. Answer: D) New industrial machines increased the number of goods that factories could make. It also allows policymakers, economists, and businesses to. Standard, Which of the following statements best summarizes the growth in real D) The growth of Populist political platforms encouraged economic reform. For example, better infrastructure enables a lower cost of trade. A) Businesses made use of new management structures to increase the production of goods. Which of the following arguments are correct: A)Canada is entering an era of low structural unemployment due to rapid technological change. Sources of funds for investment spending in plant and equipment - Patents and copyrights The core element of the productivity speedup between 1995 and 2010 was an explosion of entrepreneurship and innovations based on ______. The domain of this cookie is owned by Dataxu. B. WASHINGTON, April 14 (Reuters) - U.S. retail sales fell more than expected in March as consumers cut back on purchases of motor vehicles and other big-ticket items, suggesting that the economy. This cookie is used to store the unique visitor ID which helps in identifying the user on their revisit, to serve retargeted ads to the visitor. The two main supply-side elements that contribute to changes in real GDP are increases in hours worked and increases in ______. The purchase of the economy's expanding goods and services by households, businesses, and the government is known as the ______ factor. b. D) Real GDP grew at an annual rate of about 3.1 percent. Helps users identify the users and lets the users use twitter related features from the webpage they are visiting. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. The data includes the number of visits, average duration of the visit on the website, pages visited, etc. However economic growth has various costs. the following are true to the impacts of modern economic growth in This cookie is used for Yahoo conversion tracking. Innovative production techniques. a. Pollution - Efficient financial institutions Which of these explain why growth is an important economic goal? Journalize the April transactions using a periodic inventory system. a. (Check all that apply.). It is used to create a profile of the user's interest and to show relevant ads on their site. Savings by households, governments, and foreigners. If human welfare is linked to consumption then growth will benefit society. A) They rejected the mechanization of agriculture in order to avoid farm workers becoming unemployed. Economic growth is the most powerful instrument for reducing poverty and improving the quality of life in developing countries. Sources of funds for investment spending in plant and equipment are ______. This cookie is set by GDPR Cookie Consent plugin. This cookie is set by pubmatic.com for the purpose of checking if third-party cookies are enabled on the user's website. factor. The cookie is used for recognizing the browser or device when users return to their site or one of their partner's site. Stronger ______ growth and heightened ______ competition allow the economy to achieve a greater rate of economic growth. b. 40. b. This cookie is set by the provider Addthis. b. GDP in the United States between 1950 and 2018? B) The position of women as prominent leaders in reform movements increased their public role in society. a. This cookie is used to track the visitors on multiple webiste to serve them with relevant ads. Investment in both private and public capital is conducive to economic growth and higher productivity. Used by Google DoubleClick and stores information about how the user uses the website and any other advertisement before visiting the website. - Strong property rights. During the planning for this years bash, a disagreement broke out between the treasurers staff and the controllers staff. Increases in the quantity and quality of natural resources Answer: C) Both argued against the signing of treaties to take American Indian lands. This cookie is set by the provider Sonobi. However, higher economic growth may encourage governments and consumers to spend more of their disposable income on protecting the environment. Analytical cookies are used to understand how visitors interact with the website. Answer: D) New public spaces were designed to enhance urban environments. C) Ewen asserts that some immigrants sought personal fulfilment, whereas Bodnar asserts that most immigrants focused on supporting their families over individualism. 3. New forms of business organization Innovative production techniques. Which of the following explains a continuity in the effect of technological innovation on the production of goods in the late 1800s? More specialized inputs. C) Traditional methods of urban planning and recreation remained dominant. For the American economist W.W. Rostow, growth proceeds from a traditional society to a transitional one (in which the foundations for growth are developed), to the "take-off" society (in which development accelerates), to the mature society. A) Social reformers were most active in the Midwest. Ideally, a nation acquires funds for investment spending on plant and equipment by ______ income. Real GDP rose more than eightfold, Other than a higher standard of living and more innovations, which of c. Patents and copyrights Output per hour of work is the definition of: The four supply factors that constitute changes in physical and technical agents of production ______. C) Difficult working conditions prompted transportation workers to call for the creation of labor unions. Both recycling and the demand for products using recycled materials will be increased in a garbage-conscious society. The fraction of the working-age population that is in the labor force is called the ______ rate. A) The adoption of beliefs of Social Darwinism helped justify inequalities of wealth. It includes words and phrases experts use to describe specific concepts. Blank 1: Patents The supply factors that are part of the determinants of What do antigrowth economists cite as evidence in favor of their argument that growth is undesirable? Recent products like internet apps that are free and do not This cookie is used to identify an user by an alphanumeric ID. GDP in the United States between 1950 and 2018? Various theories have been advanced to explain the movement from one stage to the next. Higher economic growth will also lead to an increase in demand for labour as firms will be producing more. The efficiency factor involves both productive and allocative efficiency, which means in order to reach its full production potential an economy must ______. However, growth could be export-led e.g. Economists define and measure economic growth as ______. a. Which of the following are arguments against rapid economic growth? Rapid economic growth results in pollution, global warming and other environmental problems. Reread the excerpt, and take notes on Diamond's use of technical terms. C) The passage of legislation to ban immigration from eastern Asia. D) Reformers advocated expanded college access for immigrants in order to facilitate social integration. 7 - Paid freight on Tiger Co. purchases $50. A) Populists living in rural areas learned about urban and international life through the telegraph and newspapers. Free You are welcome to ask any questions on Economics. The Methodology of the Social Sciences (Max Weber), Chemistry: The Central Science (Theodore E. Brown; H. Eugene H LeMay; Bruce E. Bursten; Catherine Murphy; Patrick Woodward), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. D) New immigrants mostly settled on western farms along rail lines. Social costs of economic growth. The transportation development described in the excerpt had which of the following effects on agriculture in the United States? A) Activists believed that political machines hindered immigrant adoption of American political norms. A product that increases in value as more people use it is a product that benefits from ______ effects. Assuming this market is representative of the economy as a whole, a positive demand shock will: a. raise the price level, but leave output unchanged. B) Improved quality of manufacturing steadily decreased demand for consumer goods. Why do economists pay so much attention to small changes in the rate of economic growth? (Enter one word in the blank. Histology Celebration of Learning (edited), APUSH Period 6 Progress Check+Daily Video Que. Overcapacity. Which of the following comprise technological advancement? The cookie domain is owned by Zemanta.This is used to identify the trusted web traffic by the content network, Cloudflare. Competitive market system. This cookies is set by AppNexus. Stronger productivity growth and heightened global competition. These changes have large effects on the volume of output, Which of the following are growth-promoting institutional This domain of this cookie is owned by agkn. Fiber-optic cable. Apr. Real hourly earnings enable an economy to expand its potential GDP. The domain of this cookie is owned by Rocketfuel. This cookie tracks the advertisement report which helps us to improve the marketing activity. greater material abundance, Elimination of archaic social norms But these rights are not specifically named in the California Constitution. Patents and copyrights. c. Materialism, Economic growth provides society _____. With higher GDP the government will be able to collect more taxes; this is because people as incomes rise and people spend more they will pay more income tax and VAT. - more goods and services Rapid economic growth has not solved sociological problems like poverty and homelessness b. Strong property rights, ______ trade, patents and ______ market The data collected including the number visitors, the source where they have come from, and the pages visted in an anonymous form. Learning by doing which reduces the time to perform tasks The supply factors that are part of the "determinants" of economic growth include increasing the quality and quantity of natural and human resources, increasing the stock of capital, and improvements in ______. More specialized inputs. True The growth-promoting institutional structure that involves the ability of citizens to own land, houses and businesses is called private __________ rights (one word). These include. Financial institutions that channel the savings generated by households toward businesses, entrepreneurs and inventors. A) Federal court decisions that made labor union strikes illegal. Global, Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, This was very helpful thank you for posting. A) Working people demanded increased access to higher education. D) They sought to minimize the influence of consumerism. A) Merchants mobilized politically to resist transportation expansion. Sources of funds for investment spending in plant and equipment are ______. This coookie is used to collect data on visitor preference and behaviour on website inorder to serve them with relevant content and advertisement. In exercise mentioned, data were given on the average number of passing yards per attempt (Yds/ Att), the number of interceptions thrown per attempt (Int/Att), and the percentage of games won (Win%) for a random sample of 16 National Football League (NFL) teams for the 2011 season (NFL website, February 12, 2012). Patents and copyrights giving inventors and authors the exclusive right to market and sell their creations for a period of time. Which of the following are arguments against rapid economic growth? Which of the following helps explain why the growth rate in the United States has been positive during the 1900s? B) Real GDP remained constant. earlier than other countries have lower average incomes today. This is beneficial because the government can use this increased revenues to reduce the level of government borrowing and/or spend more on public services and investment in the country infrastructure. "The end-of-year parties at Yearling, Inc., are known for their extravagance. This cookie is used for advertising services. The main purpose of this cookie is targeting and advertising. Higher output will lead to increased pollution and congestion which can reduce living standards e.g. The domain of this cookie is owned by Media Innovation group. New managerial methods. Stronger productivity growth and heightened global competition. A) Improved manufacturing practices gradually reduced reliance on immigrant workers. Which of the following statements is true? Passed. Apr. Which of the following statements best summarizes the growth in real GDP in the United States between 1950 and 2018? The idea of convergence in economics (also sometimes known as the catch-up effect) is the hypothesis that poorer economies ' per capita incomes will tend to grow at faster rates than richer economies, and in the Solow-Swan growth model, economic growth is driven by the accumulation of physical capital until this optimum level of capital per a. Efficiency factor is when an economy must achieve economic efficiency as well as ______ to reach its full production potential. 3. Real GNI per capita - helps to lift people out of extreme poverty and improve development outcomes (e.g. more goods and services California has a number of propositions on the ballot this election season. Governments often try to increase the growth rate because it will have various advantages. A) The increase in migration by White settlers. b. Rapid economic growth results in pollution, global warming and other environmental problems. Explain. This cookie is set by GDPR Cookie Consent plugin. Proposition 22 is another one of those propositions that sounds good, but is filled with hidden provisions that hurt taxpayers. Who generally has control over the direct labor cost variances? Which of the following are used by economists to define and measure economic growth? This cookies is set by Youtube and is used to track the views of embedded videos. (Enter one word per blank), Blank 1: economies or economy the rate of economic growth? Answer: D) Government subsidies facilitated the construction of transportation and communication networks. Those countries which experienced modern economic growth earlier than other countries now have significantly ______. b. The cookie is used to calculate visitor, session, campaign data and keep track of site usage for the site's analytics report. B) Warfare in Europe was a primary reason for immigration to the United States. These changes have large effects on the volume of output. C) Populists sought to develop commercial farming through the expansion of transportation networks. This cookie is used to keep track of the last day when the user ID synced with a partner. India needs rapid growth in the next two decades to leverage the demographic dividend. standard of living as well as _____, social, and political arrangements. Increase in democracies. Which of the following are growth-promoting institutional structures? True or false: Countries that experienced economic growth earlier than other countries have lower average incomes today. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Advertisement". These changes have large effects on the volume of output. d. lower the price level, but leave output unchanged. C) Populists sought new markets for United States agricultural goods overseas. The cookie sets a unique anonymous ID for a website visitor. What is potentially the result of overcapacity and the stalling of technological progress? C) They backed political movements calling for limits on corporate power and government ownership of transportation. three categories: one demand factor, four _________ factors, and one Blank 2: scale, A new firm focused on creating and introducing a particular new product or employing a new production or distribution method is called a(n) _______________ firm. Which of the following can be inferred about the popular business practices of the late 1800s referenced in Gould's testimony? Which of the following developments best explains a cause of the historical process described in the excerpt? Labor productivity significantly rises as the firm sells more units of a product, consequently resulting in lower per-unit cost of production because workers ______. B) They demanded legislation to reduce immigration so as to minimize competition for farmland. Higher living standards - i.e. The cookie also stores the number of time the same ad was delivered, it shows the effectiveness of each ad. A) Most Americans embraced the arrival of new immigrants in the late 1800s. This cookie registers a unique ID used to identify a visitor on their revisit inorder to serve them targeted ads. Select from the following those that contributed to the spectacular advancement in information technology. Which of the following growth-promoting institutional structures creates a highly educated workforce? Learning by doing which reduces the time to perform tasks. But opting out of some of these cookies may affect your browsing experience. That is the equivalent . This cookie is used to sync with partner systems to identify the users. - greater material abundance Free trade industrialized nations? b. The fraction of the ______ population that is in the labor force is called the labor-force participation rate. slowdown in productivity growth rates starting in 2010? Which of the following is the so-called factor of economic growth: A) Reaching full production potential. Higher standard of living, An economy that is experiencing economic ______ is better able to Obtain Apples fiscal 2016 10-K (filed October 26, 2016) either through the Investor Relations portion of its website (do a web search for Apple Investor Relations) or go to www.sec.gov and click Those countries which experienced modern economic growth earlier This cookie is set by the provider Yahoo. Expert Answer The arguments against the economic growth can be classified into following categories: 1)With unparalleled production and consumption increase, the pressure against nature and its ruthless exploitat view the full answer The population is rising quickly. This cookie is set by the provider mookie1.com. This is called ______. Which of the following forms of speech receives the greatest . the improvement in labor created by education and knowledge that is embodied in the work force. Free trade. knowledge and skills that make a worker productive. rising HDI) Employment effects - sustained growth stimulates jobs and contributes to lower unemployment rates which is turn helps to reduce income inequality. Increasing productivity leads to improved standards of living by A decline in productivity growth rates A) Immigrants were often enslaved as laborers in northern factories and mills. Answer: B) They organized reform movements in order to fight for political equality. The domain of this cookie is owned by Videology.This cookie is used in association with the cookie "tidal_ttid". D) The ban on immigration from eastern Asia. A. cannot make a meaningful comparison of the economy's performance in 2013 relative to 2012. Modern economic growth has significantly increased the D) Federal support to protect the voting rights of African Americans. 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. (1) efficient financial institutions (2) competitive market systems (3) patents and copyrights (4) strong property rights (5) free trade Because people will not invest if they believe that thieves, bandits, or a rapacious and tyrannical government will steal their investments or their expected returns, ______ are important. Answer: D). True or false: Growth enables society to improve nations' infrastructure. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Higher growth tends to enable governments to be able to afford welfare states and offer a minimum level of production. Choose the best way to rewrite each underlined word or group of words. Which of the following pieces of evidence would refute Postel's claim in the first paragraph of the excerpt about the "ethos of modernity and progress" and the Populists? This cookie is setup by doubleclick.net. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Which of the following are used by economists to define and measure This cookie is used collect information on user behaviour and interaction for serving them with relevant ads and to optimize the website. D) Both believed that American Indians required moral training. a. The excerpt best serves as evidence of which of the following developments for many individuals who amassed great wealth during the period? a. This cookie helps to categorise the users interest and to create profiles in terms of resales of targeted marketing. An increase in productivity growth is important because real output, real income and real wages are linked to ______. Yet urbanization and industrial growth have come with high environmental costs that are increasingly harming Bangladesh's . Increased leisure time and arts enable an economy to expand its potential GDP. The purpose of the cookie is to map clicks to other events on the client's website. 16. Answer: C) The economic needs and social ambitions of young immigrants could be in conflict. Countries that develop and use the most advanced technologies, Why do economists pay so much attention to small changes in Which of the following allow the economy to achieve a higher rate of economic growth? - An increase in real GDP per capita occurring over some time period. 23. A) Nativists rejected the use of immigrant workers for transportation infrastructure construction. C) Real GDP rose more than tenfold. This is done by matching "tidal_ttid" with a partner's user ID inorder to recognise the same user. In tandem with its economic development, country has been increasingly urbanizing led by the massive growth of Dhaka, the nation's capital. This cookie is installed by Google Analytics. economic growth per capita in the United States between 1950 and The data collected is used for analysis. What are the two variances between the actual cost and the standard cost for direct labor? A new firm focused on creating and introducing a particular new product or employing a new production or distribution method is called a ______. Firstly if economic growth is unsustainable and is higher than the long-run trend rate inflation is likely to occur.

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