One analyst predicts that self-driving cars will ultimately reduce the number of cars that are produced. They argue that because self-driving cars can drive other people rather than sitting in people’s driveways and garages, Canada will need to produce fewer cars. They argue that growth will slow because we are producing a decreasing number of cars each year. Do you agree? Why or why not?

Learning Objective 10.4 Find out why government institutions matter for economic growth.