In order to promote growth through increased quantities of physical capital,governments must promote

Question

Quizplus · Accepted Answer

Increased quantities of physical capital require high rates of saving and investment. Governments can promote this by implementing policies that encourage saving and investment, such as offering tax incentives or providing funding for infrastructure projects. Improvements in education, job training, basic science, and resource conservation can also contribute to economic growth, but they do not directly address the need for increased physical capital.

In Order to Promote Growth Through Increased Quantities of Physical