Economic growth is driven by the availability of abundant land, high-quality capital, a skilled labor force, and entrepreneurs. true/false

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Social Studies

Rodrigo Jackson

5 January, 08:47

Economic growth is driven by the availability of abundant land, high-quality capital, a skilled labor force, and entrepreneurs. true/false

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Eddie Lawrence · Answer 1

It is true that the economic growth is driven by the above enumerated things. Land is needed for the business to be located. Capital is needed because it is the starting money. Skilled labor is needed because it gives the impression for the business. And Entrepreneurs to keep the business going and keeping connections and new ideas rolling.