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What are the factor contributing to development of economi c growth? |
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Answer» ✔✔ Hello mate ✔✔ here's your answer Improvements and INCREASED investment in physical CAPITAL - such as roadways, machinery and factories - will reduce the cost and increase the efficiency of economic output. Factories and equipment that are modern and well-maintained are more PRODUCTIVE than physical LABOR. Higher productivity leads to increased output. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ Hope it HELPS you |
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