Will increased investment alone guarantee economic growth?

Question

Quizplus · Accepted Answer

Increased investment alone cannot guarantee economic growth because it depends on the quality and type of investment, as well as the development of human capital and improvements in technology. A country may invest heavily, but if the investments are not in areas that can benefit the economy, such as infrastructure, education, or research and development, growth may not occur. Additionally, to sustain economic growth, it is important to have skilled and productive workers and access to new and innovative technology. Hence, investments in these areas are also crucial for growth.

Will Increased Investment Alone Guarantee Economic Growth