risarod
risarod risarod
  • 17-01-2017
  • History
contestada

which of the following is an important factor for continued economic growth

Respuesta :

alysemadden alysemadden
  • 30-11-2018

Human and physical capital exhibit diminishing returns. Per Solow there will be convergence to a steady state. Thus more isn’t better in the very long run. The most crucial known factor for continued economic growth is better ideas. Such will enable us to harness resources for improved production—-the real key the growth.

Better ideas = population x incentives x ideas/hour

Answer Link
FoodIsMyBaeee1
FoodIsMyBaeee1 FoodIsMyBaeee1
  • 29-06-2021

Answer:

A improved use of land

Explanation:

trust me :)

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