Answer:
Human capital like machines can be improved to increase production(GDP).
Explanation:
Human capital is all the creative skills and knowledge embodied in the individual participant of the economy(households), it is basically the know how of the people.
technological improvement means that machines are going to be more efficient and production will rise in general, Human capital like machines can be improved to increase production(GDP).
Most developing countries are packed with uneducated people and this reduce the growth level of growth.
When people become skillful(educated) they tend to produce more, by definition GDP is the amount of production produced within the borders of the country.
Increase in production = GDP increase.
<span>In China they were under the Qing and Ming Dynasties which used confucianism, then they became enriched by Buddhism as well as Daoism which led to Neo-Confucianism. Under the Late Ming they had less education but relied more on moral knowleddge.
India was under Hindu rule through the Muslim Mughal Empire, it was two religions together. They then formed a very dovotional form of Hinu called Bjakti which led to the caste system. They then had Sikhism which blended together Hindu and Islam</span>
Answer:
Happiness can be bought if it is in the form of an experience and not merely materialistic things.
Explanation:
The author of "Study: ‘High Incomes Don’t Bring you Happiness' discusses emotional well-being and the quality of an individual’s everyday experience such as joy, sadness, affection, anger, life evaluation.
In “You can Buy Happiness if it’s an Experience" the author discusses how different buys influence happiness. People get excited about both things and events.