Author Question: Burns (1934) argued that retardation and decline in some industries are (a) healthy for a growing ... (Read 55 times)

sarasara · **on:** Jun 30, 2018

Burns (1934) argued that retardation and decline in some industries are

(a) healthy for a growing and developing economy because resources are released for use in productive sectors.
(b) healthy only for the competitors of the declining industries.
(c) unhealthy for a growing economy because resources are idle in the declining industries.
(d) unhealthy for a growing economy because the released resources are used unproductively
by the competitors of the declining industries.

Question 2

The last of the public land was sold between 1881 and 1907.

Indicate whether the statement is true or false