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18 July, 16:31

The economies of Technetium and Polonium are identical except that Technetium announces that it will start rewarding entrepreneurs with the right to earn and keep profits. Which economy is likely to experience greater long-term economic growth?

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  1. 18 July, 18:43
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    The economies of Technetium and Polonium are identical except that Technetium announces that it will start rewarding entrepreneurs with the right to earn and keep profits. Which economy is likely to experience greater long-term economic growth?

    The Technetium economy is likely to experience greater long-term economic growth than the Polonium economy.

    Explanation:

    The Technetium economy is likely to experience greater long-term economic growth than the Polonium economy, the reason being that since the Technetium economy will compensate entrepreneurs with the right to earn and keep profits, it will encourage entrepreneurs to bring their ideas to market. This will improve the economy by creating more jobs and money sources, thus, Technetium will experience long term economic growth.
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