Ask Question
6 October, 05:11

How does the investment in human and physical capital impact the standard of living

+2
Answers (1)
  1. 6 October, 08:28
    0
    Capital Investment, Capital Goods and Economic Growth. Improved capital goods increase labor productivity ... Superior capital equipment directly makes individuals, businesses and countries more productively efficient. Increased productive efficiency leads to increased standards of living - the purpose of economic growth.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “How does the investment in human and physical capital impact the standard of living ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers