QUESTION IMAGE
Question
question 9
1 pts
9)-which of the following will not contribute to long-run economic decline in a society?
a. prolonged war.
b. natural disaster.
c. degraded education and training of the workforce.
d. increased government spending.
Brief Explanations
To determine which option does not contribute to long - run economic decline:
- Prolonged war (a) destroys infrastructure, disrupts production, and causes loss of human capital, leading to economic decline.
- Natural disasters (b) damage physical capital and disrupt economic activities, contributing to decline.
- Degraded education and training (c) reduces the quality of the workforce, limiting productivity growth and causing long - run decline.
- Increased government spending (d) can be used for infrastructure, education, or other productive investments. In the long - run, if spent wisely, it can stimulate economic growth rather than cause decline.
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d. Increased government spending.