11. U. S. productivity growth has rebounded since 1995 largely as a result of: A. increases in human capital. B. discoveries of new natural resources. C. increased political stability. D. advances in information and communication technology.

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Business

Leah Vang

25 June, 15:26

11. U. S. productivity growth has rebounded since 1995 largely as a result of: A. increases in human capital. B. discoveries of new natural resources. C. increased political stability. D. advances in information and communication technology.

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Jakob Chaney · Answer 1

D. Advances in information and communication technology

Explanation:

After suffering a slow down in productivity growth between 1973-1995, the productivity growth in the US rebounded and acclaims has gone to the advances made in information and communication technology (ICT) in that period. ICT has been majorly responsible for the acceleration in the productivity growth since 1995. Many companies adopting it and factors coming with it like e-commerce which promoted business to business transactions and also business to consumers transactions. The invention and spread of the internet played a major role in the acceleration of productivity since 1995.