Answer:
They had different views on slavery
Answer:
I think it's B. a reference point
Um..... What diary entry and in what book?
Answer:
a. Low income countries have to educate their people first before they can grow.
Explanation:
Solow's growth model explains how a country's economy can grow over time, through investments in capital accumulation, in the growth of the workforce and in the development of technologies. In this model, the growth of the workforce and the development of new technology are directly related to the level of education that a country can provide. Only with quality education, a country will be able to generate a skilled labor force with efficient workers, among which will be researchers and creators of new technologies.
It is at this point that we can relate Solow's economic growth to the new growth theory.
The new theory of growth states that economic growth in the country will only happen if the country invests in knowledge and innovation, through the establishment of an efficient education system that empowers workers.
With that, we can conclude that the relationship of these two theories determines that low-income countries need to educate their people first before they can grow.
