What causes countries to become wealthier over time?

Question

Quizplus · Accepted Answer

Economic growth is the most common factor that leads to countries becoming wealthier over time. This growth can occur due to factors such as increased productivity, technological advancements, investment in infrastructure, and favorable economic policies. Government central planning (A) and restrictions on imported goods (D) often do not promote economic growth and can even hinder it. Price controls on key natural resources (C) may stabilize prices in the short term, but can lead to inefficient allocation of resources and ultimately hinder economic growth.

What Causes Countries to Become Wealthier Over Time