The correct answer is 2 and 4.
2. Increase in the number of goods produced.
4. Creation of employment opportunities.
There are other characteristics which have economic growth. For example,
1. Prosperity to trade.
2. Limited spread of economic growth.
3. increase in total factor of productivity.
4. High rates of growth per capita population and output.
5. Higher rate of transformation of structural of the economy.
<em>Answer:</em>
<h2><em>The correct answer is B</em></h2>
<em>Explanation:</em>
<h3><em>
I am assuming that B is the correct answer because its the only one that makes logical since.</em></h3>
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Answer:
By encouraging use of mass transit.
Explanation:
It states in the last paragraph that The city is encouraging usage of mass transit and transitioning to fuel-efficient or low-emission vehicles.
The answer is critical thinking !!
Answer:
The economy runs better without governmental involvement.
Explanation:
In the Wealth of Nations, Adam Smith lays out a very robust theory about how the economy works, this is why many economists consider him to be the Father of the economic science.
Adam Smith's main thesis was that people, acting own their own interest, were guided by the invisible hand, leading to positive results that benefited the whole of society, even if that was not the main goal of economic actors in first place (their main goal being furthering their own interests).
For this reason, Smith thought that most government intervention was unecessary, since according to him, economic actors tended to self regulate in the market, and to produce an optimal result for society. He did justify some government intervention though: in the military, in the judicial system, and in some basic social services in order to care for the poor, the elderly, and the sick.
