Which of the following plays the crucial role in explaining China's sustained high output growth since 1995?
A) Massive labour supply.
B) Capital accumulation.
C) Technological progress.
D) All of the above.
E) None of the above.

Question

Quizplus · Accepted Answer

All three factors (massive labour supply, capital accumulation, and technological progress) have played crucial roles in explaining China's sustained high output growth since 1995. The combination of these factors has contributed to the country's remarkable economic development over the past few decades.

Which of the Following Plays the Crucial Role in Explaining