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7 December, 22:49

The new growth theory states that A. technological advances are the responsibility of the government. B. the subsistence level income leads to technological advances. C. technological advances are the result of discoveries and choices. D. it is impossible to replicate production activities. E. technological advances are the result of random chance.

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  1. 7 December, 23:07
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    C. technological advances are the result of discoveries and choices.

    Explanation:

    The new growth theory was developed by a man named med Paul Romer. This new growth theory stresses the role which is determined by human choices.

    The new growth theory states that technological advances are the result of discoveries and choices, rather than random choices. It explains the fact that new innovations and technological advancement are not the result of random chance, but they occur as a result of humans and their desire for new innovations.

    Therefore option C is correct
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Home » Business » The new growth theory states that A. technological advances are the responsibility of the government. B. the subsistence level income leads to technological advances. C. technological advances are the result of discoveries and choices. D.
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