Which of the following should lead to an increased rate of economic growth due to increased development of ideas?
A) increased population
B) increased consumer wealth and larger markets
C) political stability and honest governments
D) Each of these answers is correct.

Question

Quizplus · Accepted Answer

Increased population leads to more people with diverse ideas and skills, which can lead to increased innovation and economic growth. Increased consumer wealth and larger markets create more demand for goods and services, which can incentivize businesses to innovate and expand. Political stability and honest governments can encourage investment and entrepreneurship, which can lead to the development of new ideas and industries. Therefore, all three factors can contribute to increased development of ideas and higher rates of economic growth.

Which of the Following Should Lead to an Increased Rate