According to new growth theory,discovering and implementing new __________ is what causes economic growth.
A) ways of managing personnel
B) manufacturing techniques
C) ideas
D) resource sources
E) none of the above

Question

Quizplus · Accepted Answer

New growth theory posits that ideas are the driving force behind economic growth, as opposed to traditional neoclassical theory that emphasized input factors such as labor and capital. Therefore, the correct answer is C - ideas.

According to New Growth Theory,discovering and Implementing New __________ Is