Strictly enforced property rights increase economic growth in a DVC are
Ensures workers receive rewards for their work;
Direct investment is encouraged by firms in IACs;
Investment risk is reduced.
How to improve DVC labor productivity? If capital accumulation increases production faster than growth, the margin of savings can generate more capital accumulation. When private DVC savings are transferred to an IAC account, this is known as capital.
The four main determinants of economic growth are human resources, natural resources, capital formation, and technology, but the importance that researchers place on each determinant is always different.
There are three main factors driving economic growth. Accumulation of capital stock. Increased labor input, eg B. workers or working hours. Technological progress.
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