Question

Consider a country in which most of the productive resources are collectively owned by the state. As this country moves toward a system of private property rights, we can expect economic growth to ________ due to a(n) ________ in productivity

Answer 1

Answer:

Increase ; Upward movement along

Explanation:

In simple words, The greater the range of intellectual interests the greater the motivation to labor, preserve, as well as reinvest, because the more efficient the economy's functioning will be. The more efficiently an economy runs, the further development it produces for any given pool of assets, resulting in upward motion of the productivity function.