According to the new growth theory, economic growth will continue with
A) the development of new ideas.
B) increases in population growth.
C) development of natural resources.
D) an increased focus on labor-intensive jobs.

Question

Quizplus · Accepted Answer

According to the new growth theory, economic growth is driven by the development of new ideas and technological innovations. This is because these new ideas and innovations lead to increased productivity and efficiency, which in turn lead to economic growth. Population growth, development of natural resources, and an increased focus on labor-intensive jobs may also contribute to economic growth, but they are not the primary drivers according to the new growth theory.

According to the New Growth Theory, Economic Growth Will Continue