The two most important factors contributing to increased productivity in industrialized countries in the twentieth century were:
A)higher relative prices and a larger labor supply.
B)higher relative prices and technological progress.
C)technological progress and increases in the capital stock.
D)technological progress and increases in the labor supply.

Question

Quizplus · Accepted Answer

Industrial countries invested heavily in human and physical capital in the twentieth century. These investments greatly increased productivity.

The Two Most Important Factors Contributing to Increased Productivity in Industrialized