Which of the following statements is true?

Question

Quizplus · Accepted Answer

Both private and public capital investments are conducive to economic growth and higher productivity. Private investment leads to the development of new technologies, improved production processes, and increased efficiency, which ultimately leads to economic growth. Public investment in areas such as infrastructure, education, and healthcare also plays a vital role in supporting economic growth by increasing the productivity of the workforce, reducing inefficiencies, and promoting entrepreneurship. Therefore, investment in both private and public capital is essential for sustained economic growth.

Which of the Following Statements Is True