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olganol [36]
3 years ago
14

How does the investment in human and physical capital impact the standard of living

Social Studies
1 answer:
monitta3 years ago
3 0
Capital Investment<span>, </span>Capital<span> Goods and Economic Growth. Improved </span>capital<span> goods increase labor productivity. ... Superior </span>capital<span> equipment directly makes individuals, businesses and countries more productively efficient. Increased productive efficiency leads to increased </span>standards of living<span> – the purpose of economic growth.


</span>
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