Factors that influence productivity and therefore growth are:

Question

Quizplus · Accepted Answer

Physical and human capital per worker, as well as technological advances, are the primary factors that influence productivity and growth. Increasing physical capital, such as machines and equipment, helps workers produce more output per hour. Human capital, such as education and training, also increases productivity by improving workers' skills and knowledge. Technological advances also play a crucial role in improving productivity by creating more efficient processes and tools. Government independence, increased consumption, and less investment spending are not as strong contributing factors to productivity and growth as physical and human capital and technological advances.

Factors That Influence Productivity and Therefore Growth Are