Quiz 17 Flashcards
Who claimed that the number of people on Earth was grown at a faster rate than that of the food supply?
Thomas Robert Malthus
Are the resources of the largest industrial and commercial firms limited or unlimited?
limited
What have the gloomy predictions of some economists caused economics to be, at times, called?
The dismal science
What does material prosperity depend upon?
moral convictions and behavior
Has the availability of most natural resources increased or decreased during the past century?
increased
What is defined as “the trait of doing quality work in an efficient manner”.
industriousness
In the fable “The Goose That Laid the Golden Eggs,” the goose can be compared to what sector?
The private sector
What moral quality must a nation’s citizens have in order for people to develop the trust needed to develop working relationships and contracts?
honesty
The basic moral of “the Goose That Laid the Golden Eggs” is what?
Greed consumes the source of prosperity
What quality includes the strength to endure hard times and hold out against disappointments?
Fortitude