What is the central economic problem discussed in the video?
Limitless Growth Is Possible If We Run Our Economies Correctly: We Can Grow Endlessly

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Business, Biology, Social Studies
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7th - 12th Grade
•
Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Increasing consumer spending
Reducing taxes for economic growth
Maximizing profits in a competitive market
Balancing unlimited desires with limited resources
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is investing in renewable energy not a complete solution to environmental challenges?
It requires too much land
It is not supported by governments
It is too expensive to implement
It does not address the issue of increased consumption
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the two broad ways economies can achieve growth?
By increasing taxes or reducing spending
By producing more goods or better-quality goods
By increasing exports or reducing imports
By expanding markets or reducing costs
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a limitation of focusing on producing more goods for economic growth?
It increases consumer satisfaction
It reduces employment opportunities
It can deplete finite resources
It leads to higher quality products
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can economies avoid the limitations of resource-based growth?
By producing more luxury goods
By increasing the workforce
By reducing production costs
By focusing on higher-value products
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key advantage of the digital economy in terms of resource use?
It requires significant physical resources
It is limited to local markets
It has high marginal resource use
It can scale with minimal resource use
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What combination is suggested for sustainable economic growth?
Adding value to existing resources and expanding the digital economy
Increasing production and reducing digital services
Reducing consumption and focusing on traditional industries
Focusing on resource extraction and digital services
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