Accumulating capital Group of answer choices requires that society sacrifice consumption goods in the present. allows society to consume more in the present. decreases saving rates. involves no tradeoffs. None of the options is correct.

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Hannah Frank

Business

21 September, 10:12

Accumulating capital Group of answer choices requires that society sacrifice consumption goods in the present. allows society to consume more in the present. decreases saving rates. involves no tradeoffs. None of the options is correct.

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Answers (1)

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Malia Russell · Answer 1

The correct answer is letter "A": requires that society sacrifice consumption goods in the present.

Explanation:

Capital Accumulation refers to increasing wealth via investments or savings. In any of both cases, capital consumption is reduced since the moment individuals decide to accumulate wealth to enjoy greater returns in the future. Though, as some get richer by accumulating capital and others remain poor, it is seen as negative, mainly because it widens the gap between the two sectors.