INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi Basic Concepts, Scope and Methodology of Economics soru detayı:

PAYLAŞ:

SORU:

What are the factors that determine the productivity level of a country?


CEVAP:

The primary determinant of productivity is the level of investment in physical capital (all machinery and equipment used in production), and investment in human capital (improvement of people’s productive skills through education and training). Thus, investment is the recipe for increasing economywide productivity levels.