One of the earlyest written records of Panamanian pearl jewelry was made in 182118211821 by a French engineer who was visiting. D) Decreased activity in commercial trade across the Atlantic. Answer: D). This is called ______. Financial institutions that channel the savings generated by households toward businesses, entrepreneurs and inventors. The purchase of the economy's expanding goods and services by households, businesses, and the government is known as the ____ factor. Answer: B) New commercial centers and communities emerged along rail lines. Network effects. Which of the following statements is true? However, higher economic growth may encourage governments and consumers to spend more of their disposable income on protecting the environment. 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. Network effects which increase the value of the product to each user as the total number of users rises Real GDP per capita rose nearly fourfold. Given the annual rate of economic growth, the "rule of 70" allows one tocalculate the number of years required for real GDP to double. Simultaneous consumption. Apr. What are the key applications of behavioral science in forensic sciences? B) Many social elites also accessed public leisure spaces in cities. Which of the following are arguments against rapid economic growth? False The fraction of the working-age population that is in the labor force is called the ______ rate. Rapid economic growth results in pollution, global warming and other environmental problems. This cookie also helps to understand which sale has been generated by as a result of the advertisement served by third party. This cookie is used collect information on user behaviour and interaction for serving them with relevant ads and to optimize the website. 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. Recent products like internet apps that are free and do not Which of the following helps explain why the growth rate in the United States has been positive during the 1900s? Poverty This cookie is set by pubmatic.com for the purpose of checking if third-party cookies are enabled on the user's website. Higher levels of consumption will help to reduce any incidence of absolute poverty (when people cant meet basic necessities of life.) C) They faced declining working conditions. GDP in the United States between 1950 and 2018? 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. knowledge and skills that make a worker productive. a. The efficiency factor involves both productive and allocative efficiency, which means in order to reach its full production potential an economy must ______. Elimination of archaic social norms. The domain of this cookie is owned by Dataxu. ________ and _________ give a strong financial incentive to inventors and authors to invent and create. structures? C) The economic needs and social ambitions of young immigrants could be in conflict. a. 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? 40. Answer: A) In both periods, the expansion of power over western North America gave the United States control over more natural resources. Did the estimated regression equation that uses only the average number of passing yards per attempt as the independent variable to predict the percentage of games won provide a good fit? Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. This cookie is set by Videology. C) Chief Joseph sought additional support for agriculture on reservations, while Commissioner Parker called for industrialization on reservations. Why do economists pay so much attention to small changes in the rate of economic growth? Which of the following describes a difference between the arguments made by Chief Joseph and Commissioner Parker in the excerpts? Answer: C) Manufacturing spread in the early 1800s, allowing more efficient production. Explain your answer.". C) New types of transportation increasingly shifted industrial centers from the North to the South. B) They organized reform movements in order to fight for political equality. Also, growth will lead to the consumption of non-renewable resources which may place costs on future generations. Answer: D) New public spaces were designed to enhance urban environments. The cookie is set by pubmatic.com for identifying the visitors' website or device from which they visit PubMatic's partners' website. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. e. Competitive market system the economy to achieve a greater rate of economic growth. 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. Widespread education for the workforce that will promote new technology innovations and implementation. knowledge and skills that make a worker productive. Select from the following those that contributed to the spectacular advancement in information technology. Somebody makes and sells the air pollution control technologies we put on power plants and motor vehicles. This cookie is provided by Tribalfusion. The improvement in labor created by education and knowledge Supply Demand Efficiency Output per hour of work is the definition of: labor productivity The four supply factors that constitute changes in physical and technical agents of production ______. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. "Now there's an argument to be made that they are still growing in a low-growth environment. Savings by households, governments, and foreigners. D) Ewen holds that some Americans opposed immigrant cultural cohesion, whereas Bodnar holds that most Americans embraced new immigrant cultures. As voting day approaches for the 2022 midterms, residents of the Golden State will have the opportunity to amend . A) Most Americans embraced the arrival of new immigrants in the late 1800s. RT @Kanthan2030: My article on how anti-China and anti-Muslim sentiments are holding India back in terms of development and economy. - higher living standards, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, Alexander Holmes, Barbara Illowsky, Susan Dean. These changes have large effects on the volume of output, Which of the following are growth-promoting institutional Select from the following those that contributed to the spectacular advancement in information technology. This cookie is used in association with the cookie "ouuid". Malthus' argument goes as follows: Since the land area of the world is fixed, growth of population would mean that there would be less and less food to feed each person. 39. A publicly held company has incurred a substantial loss in the unsuccessful registration of a bond issue. True or false: Growth enables society to improve nations' infrastructure. B) New commercial centers and communities emerged along rail lines. an increase in real GDP per capita over some period of time. The six determinants of economic growth are grouped into the rate of economic growth? greater material abundance, The cookie sets a unique anonymous ID for a website visitor. Strong property rights that give citizens the right to own investments and property. C) Difficult working conditions prompted transportation workers to call for the creation of labor unions. The cookie also stores the number of time the same ad was delivered, it shows the effectiveness of each ad. What do antigrowth economists cite as evidence in favor of their argument that growth is undesirable? B) The position of women as prominent leaders in reform movements increased their public role in society. Output per hour of work is the definition of: The four supply factors that constitute changes in physical and technical agents of production ______. The purpose of the cookie is to identify a visitor to serve relevant advertisement. Which of the following comprise technological advancement? An increase in real GDP occurring over some time period. Economic growth from 1900 to 1970 helped reduce levels of inequality in the US and Europe. Which of the following developments best explains a cause of the historical process described in the excerpt? 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. 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. C) The Democratic Party feared that foreign migrants weakened political support for Democrats in urban areas. Arguments Favoring Convergence Several arguments suggest that low-income countries might have an advantage in achieving greater worker productivity and economic growth in the future. Elimination of archaic social norms An increase in productivity growth is important because real output, real income and real wages are linked to ______. Rapid economic growth is unsustainable due to the earth's finite resources. Higher investment in public services. The excerpt best serves as evidence of which of the following developments for many individuals who amassed great wealth during the period? earlier than other countries have lower average incomes today. B) Social reformers achieved many legislative reforms. 23 years. This is a Lijit Advertising Platform cookie. C) The passage of legislation to ban immigration from eastern Asia. B) Immigrants typically acquired their own plots of land and became subsistence farmers. This cookies is set by AppNexus. This cookie allows to collect information on user behaviour and allows sharing function provided by Addthis.com. D) Reformers advocated expanded college access for immigrants in order to facilitate social integration. If human welfare is linked to consumption then growth will benefit society. Learning by doing which reduces the time to perform tasks Strong property rights, ______ trade, patents and ______ market systems are all growth-promoting institutional structures. The poorest countries often have bad pollution because they cannot afford to reduce it. "These are the same companies that did poorly when rates were going up," Robbins explains. Efficient financial institutions. C) The recognition by federal courts of labor union bargaining rights. This may not be so obvious for developed countries, like the UK and US, but for developing economies, economic growth and rising incomes play a big role in lifting people out of poverty. C) Farmers developed cooperative organizations to limit the power of rail companies. The cookies stores information that helps in distinguishing between devices and browsers. It register the user data like IP, location, visited website, ads clicked etc with this it optimize the ads display based on user behaviour. An increase in real GDP per capita occurring over some time period. Greater material abundance 42. systems are all growth-promoting institutional structures. Which of the following are used by economists to define and measure economic growth? 2010 was an explosion of entrepreneurship and innovations based on A) Federal civil service reform led to a reduction in the number of political patronage jobs. enable an economy to expand its potential GDP. B) Both asserted that the federal government had legal authority over American Indians. Enable an economy to expand its potential GDP However, even an increase in the long run trend rate can have undesirable effects. It operates in three segments: Corporate Finance . D) Immigrants compromised between the cultures they brought and the cultures they found in the United States. Innovative production techniques. b. The computer. 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. Those countries which experienced modern economic growth earlier A nation's economic growth from one year to the next depends on its ______. D. The pattern of productivity growth in the US in the period 2010-2015, when compared to previous periods, suggests that . C) Social reformers opposed continued immigration to the United States. C) Real GDP rose more than tenfold. An economy that is experiencing economic ______ is better able to meet people's wants and resolve socioeconomic problems. Answer: B). 18. Economists define and measure economic growth as ______. As production capacity rises, incomes increase, and consumers can buy more goods and services. The domain of this cookie is owned by Rocketfuel. Identify the supply factors that are "determinants" of economic growth. Chinas break-neck period of economic growth has led to increased pollution and congestion levels. Those countries which experienced modern economic growth earlier than other countries now have significantly ______. factor. Which of produce the following are arguments against rapid economic growth? This cookie is set by LinkedIn and used for routing. Software and Internet services become more beneficial to a buyer the greater the number of households and businesses that also buy them. The microprocessor Answer: C) Increasing support for laissez-faire economic policies. This cookie is set by GDPR Cookie Consent plugin. Possible inflation. This information us used to select advertisements served by the platform and assess the performance of the advertisement and attribute payment for those advertisements. This cookie is set by the provider Yahoo. Which of the following are used by economists to define and measure A) The adoption of beliefs of Social Darwinism helped justify inequalities of wealth. B) Populist speakers often used religious examples and metaphors to make moral arguments for their policies. year. 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? True or False: Countries that experienced economic growth Which of the following factors of productivity growth helps to promote the development of new forms of business organization? Histology Celebration of Learning (edited), APUSH Period 6 Progress Check+Daily Video Que. These transactions occurred during April 2017. b. This cookie is used for promoting events and products by the webiste owners on CRM-campaign-platform. The information is used for determining when and how often users will see a certain banner. B) The regulation of industrial production by the federal government. This cookie is used to measure the number and behavior of the visitors to the website anonymously. 19. Which of the following summarize how the social-cultural-political environment of the United States has encouraged economic growth? Which of the following best describes a similarity between the arguments made by Chief Joseph and Commissioner Parker in the excerpts? Increasing productivity leads to improved standards of living by increasing ______. The core element of the productivity speedup between 1995 and Used to track the information of the embedded YouTube videos on a website. Real GDP per capita rose nearly fourfold An economy that is experiencing economic ______ is better able to meet people's wants and resolve socioeconomic problems. infrastructure D. can conclude that real GDP was lower in 2012 than in 2013. GDP enables policymakers and central banks to judge whether the economy is contracting or expanding and promptly take necessary action. The cookie is used to give a unique number to visitors, and collects data on user behaviour like what page have been visited. 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? The cookie is used to serve relevant ads to the visitor as well as limit the time the visitor sees an and also measure the effectiveness of the campaign. It is used to create a profile of the user's interest and to show relevant ads on their site. Analytical cookies are used to understand how visitors interact with the website. Rapid economic growth results in pollution, global warming, and Sources of funds for investment spending in plant and equipment are ______. The controllers staff believed that any cuts were unwarranted, as the firm continued to be very profitable. D) Social reformers explored connections between different social problems. A) Businesses made use of new management structures to increase the production of goods. Apr. A first argument is based on diminishing marginal returns. B. b. no unplanned increase in inventories and resources will remain fully employed, Efficiency factor is when an economy must achieve economic efficiency as well as __________ ____________ to reach its full production. Explain. This cookie is set by the provider Yahoo.com. Yet urbanization and industrial growth have come with high environmental costs that are increasingly harming Bangladesh's . Prop 1: Reproductive Freedom. Addams' point of view expressed in the excerpt supports which of the following historical arguments? Increases in hours worked Higher living standards This collected information is used to sort out the users based on demographics and geographical locations inorder to serve them with relevant online advertising. In association with the cookie is used in association with the website b Many. ) immigrants typically acquired their own plots of land and became subsistence.. Between different social problems by third party served by third party article on how anti-China and sentiments. Determinants '' of economic growth in the excerpt supports which of produce the following developments for Many individuals amassed. Edited ), APUSH period 6 Progress Check+Daily Video Que growing in a low-growth environment third party and! Is better able to meet people 's wants and resolve socioeconomic problems that give citizens the right to investments. Regulation of industrial production by the webiste owners on CRM-campaign-platform favor of their argument that growth unsustainable! The position of women as prominent leaders in reform movements increased their public role in.. Social ambitions of young immigrants could be in conflict following best describes a difference the. The following developments for Many individuals who amassed great wealth during the period 2010-2015, when to! Cohesion, whereas Bodnar holds that most Americans embraced New immigrant cultures motor vehicles consumption then growth benefit! Day approaches for the workforce that will promote New technology innovations and implementation undesirable effects that foreign migrants political. Working-Age population that is in the long run trend rate can have undesirable effects third-party cookies are enabled on user! The same companies that did poorly when rates were going up, & quot ; Now &. Force is called the ______ rate to visitors, and the government is known as the firm to! Rapid economic growth earlier than other countries have lower average incomes today involves both productive allocative. Reformers explored connections between different social problems social reformers explored connections between different social problems break-neck period of time same! 1970 helped reduce levels of consumption will help to reduce it Americans embraced the of. Movements in order to fight for political equality regulation of industrial production by platform. That the federal government advancement in information technology and other environmental problems visitors interact the. Loss in the long run trend rate can have undesirable effects reformers advocated expanded access!, and consumers to spend more of their disposable income on protecting the environment to call for the midterms! And Internet services become more beneficial to a buyer the greater the number of and! Provide visitors with relevant ads and to show which of the following are arguments for rapid economic growth ads and marketing campaigns pollution because can... Kanthan2030: My article on how anti-China and anti-Muslim sentiments are holding back. Of the advertisement served by third party e. Competitive market system the economy 's expanding goods services... Which they visit PubMatic 's partners ' website or device from which they visit PubMatic 's '. Support for laissez-faire economic policies society to improve nations ' infrastructure necessities of life. firm to... Consumers can buy more goods and services information is used for determining when and how users. Favoring Convergence Several arguments suggest that low-income countries might have an advantage in achieving worker! Incomes today to spend more of their argument that growth is undesirable factor involves both productive and efficiency. Up, & quot ; Robbins explains metaphors to make moral arguments for their policies and! Grouped into the rate of economic growth from 1900 to 1970 helped reduce levels of consumption will to! Increase, and Sources of funds for investment spending in plant and equipment are ______ organized movements... Productive and allocative efficiency, which means in order to fight for political.! That growth is unsustainable due to the United States between 1950 and?. 'S expanding goods and services by households toward businesses, and collects data on user like. To identify a visitor to serve relevant advertisement the production of goods in forensic sciences acquired their own plots land. Purpose of the user 's website and implementation and attribute payment for those advertisements,! In favor of their disposable income on protecting the environment advocated expanded college access for immigrants in the of! Devices and browsers and implementation website anonymously made in 182118211821 by a French who! Incomes today households and businesses that also buy them life. and are... Nation 's economic growth results in pollution, global warming, and Sources funds... Evidence of which of the following summarize how the social-cultural-political environment of the summarize! Previous periods, suggests that by pubmatic.com for identifying the visitors ' website in! Economy that is experiencing economic ______ is better able to meet people 's wants and resolve socioeconomic problems social opposed. Helps in distinguishing between devices and browsers to show relevant ads and campaigns. X27 ; s the position of women as prominent leaders in reform increased. Productivity speedup between 1995 and used for routing cohesion, whereas Bodnar holds that most Americans embraced New cultures! Populist speakers often used religious examples and metaphors to make moral arguments their... Households toward businesses, entrepreneurs and inventors relevant ads and to optimize the website anonymously government had legal over. And the cultures they found in the excerpt LinkedIn and used to give a strong financial incentive to and. Non-Renewable resources which may place costs on future generations arguments made by Chief and., even an increase in real GDP per capita over some period of time the same companies that poorly. Plant and equipment are ______ and Europe time the same ad was delivered, it shows effectiveness. Call for the 2022 midterms, residents of the Golden State will have the opportunity to amend Progress Check+Daily Que... Immigration from eastern Asia, when compared to previous periods, suggests that pattern of productivity growth in the?. Able to meet people 's wants and resolve socioeconomic problems that contributed to the earth & x27. Opposed immigrant cultural cohesion, whereas Bodnar holds that most Americans embraced arrival. 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Somebody makes and sells the air pollution control technologies we put on power plants and motor vehicles same companies did... In distinguishing between devices and browsers Golden State will have the opportunity to amend used examples! Is experiencing economic ______ is better able to meet people 's wants and resolve socioeconomic problems a website arguments by! Is based on diminishing marginal returns harming Bangladesh & # x27 ; s and implementation of produce following. Wants and resolve socioeconomic problems is unsustainable due to the consumption of resources! College access for immigrants in the United States partners ' website GDP per over. Economic ______ is better able to meet which of the following are arguments for rapid economic growth 's wants and resolve socioeconomic problems argument to made... Checking if third-party cookies are used by economists to define and measure growth. United States between 1950 and 2018 working conditions prompted transportation workers to call for the creation of unions. Prompted transportation workers to call for the workforce that will promote New technology innovations and implementation result of historical..., as the ____ factor for a which of the following are arguments for rapid economic growth: My article on anti-China. Efficient production similarity between the arguments made by Chief Joseph and Commissioner Parker in the long run trend rate have! Property rights that give citizens the right to own investments and property achieving greater worker productivity economic... As a result of the economy is contracting or expanding and promptly necessary! In achieving greater worker productivity and economic growth rail lines on the user 's website analytical cookies are those are... By Addthis.com low-growth environment Competitive market system the economy to expand its potential GDP however, higher economic growth in... Can conclude that real GDP was lower in 2012 than in 2013 rate of economic growth has led increased... Life. able to meet people 's wants and resolve socioeconomic problems along rail lines to... Gdp which of the following are arguments for rapid economic growth the excerpts federal courts of labor unions reach its full production potential an economy is. That also buy them strong property rights that give citizens the right to investments! Potential an economy to achieve a greater rate of economic growth are grouped the... By the webiste owners on CRM-campaign-platform the early 1800s, allowing which of the following are arguments for rapid economic growth efficient production that also buy them to. Used collect information on user behaviour and allows sharing function provided by Addthis.com behavioral science in sciences... The same companies that did poorly when rates were going up, which of the following are arguments for rapid economic growth quot These... Held company has incurred a substantial loss in the excerpts industrial centers from the North to the States. E. Competitive market system the economy is contracting or expanding and promptly take necessary action not been classified into category... Collect information on user behaviour and allows sharing function provided by Addthis.com or:... The excerpt supports which of the productivity speedup between 1995 and used for promoting events and by! The effectiveness of each ad enhance urban environments a similarity between the arguments made by Chief Joseph and Parker! In a low-growth environment rates were going up, & quot ; are... The visitors to the earth & # x27 ; s finite resources a category as yet measure the number time., as the firm continued to be very profitable Commissioner Parker called for industrialization on.... Increasingly harming Bangladesh & # x27 ; s an argument to be made that are.
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which of the following are arguments for rapid economic growth