An increase in the quantity of labour inputs always leads to economic growth.

Question

Quizplus · Accepted Answer

An increase in the quantity of labour inputs alone does not necessarily lead to economic growth. Economic growth is determined by a complex interplay of various factors including technology, capital investment, education, and resources. Simply increasing the quantity of labour without improving any of these other factors may not lead to sustained economic growth.

An Increase in the Quantity of Labour Inputs Always Leads