The idea that investment in comprehensive education in developing countries leads to permanent increases in the rate of technological progress is an example of

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The idea that investment in comprehensive education in developing countries leads to permanent increases in the rate of technological progress is a concept of new growth theory. This theory suggests that long-term economic growth depends on factors like human capital, technology, and innovation, rather than just the accumulation of physical capital (capital deepening). Additionally, this concept suggests that investing in education and human capital can lead to sustainable and long-lasting economic growth, rather than a trade-off between human capital and technology or increasing economic inequality.

The Idea That Investment in Comprehensive Education in Developing Countries