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inessss [21]
2 years ago
4

4

Social Studies
1 answer:
aleksandrvk [35]2 years ago
4 0

The causes and effects of growth in this economy are:

Cause of economic growth:

  • investment in physical capital
  • investment in human capital

Effect of economic growth:

  • improvement in standard of living
  • social and community development

<h3>What leads to economic growth?</h3>

Economic growth can be achieved when there is investment into the productive areas of the economy.

One such way is investment in human and physical capital as humans can use physical capital to produce more if they have access to them.

When this happens, there will be an improvement in the standard of living in the economy as well as development in societal and community aspects.

Find out more on the causes of economic growth at brainly.com/question/8867794.

#SPJ1

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