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DanielleElmas [232]
2 years ago
6

Why factors of production are important in promoting south Africa's economic growth and development​

Biology
1 answer:
dangina [55]2 years ago
8 0

If businesses can improve the efficiency of the factors of production, it stands to reason that they can increase production and create higher quality goods at lower prices. Any increase in production leads to economic growth as measured by GDP.

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