Which of the following is most important for the achievement of long-term economic growth and a high level of per capita income?
A)abundant natural resources
B)foreign aid
C)policies and institutions that encourage productive activities
D)institutions and policies that control the growth of population

Question

Quizplus · Accepted Answer

Policies and institutions that encourage productive activities are crucial for long-term economic growth as they create an environment conducive to investment, innovation, and efficient resource allocation.

Which of the Following Is Most Important for the Achievement