Activities that encourage faster growth are

Question

Quizplus · Accepted Answer

Investment in new capital (such as new technology and machinery) and human capital (such as education and training) are key factors in encouraging faster economic growth. This allows for increased productivity, which in turn leads to higher output and profits. Trade barriers, taxes on saving, and low levels of savings may actually hinder economic growth by limiting international competition and reducing the amount of resources available for investment.

Activities That Encourage Faster Growth Are