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22 August, 18:53

What makes a project productive? What makes a project counterproductive? Explain.

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  1. 22 August, 19:44
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    Productive projects mean people are benefitting from the projects, a counterproductive project would mean resources are being wasted and no one is benefiting. When property rights are well defined and enforced, businesses in a market economy will then have a strong incentive to undertake productive projects.
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