Question

according to Simon Kusnets, one of the features of modern economic growth is "High rate of increase in factor productivity." What suggestions would you give to the government to increase the productivity of the country's work force. Explain any TWO suggestions.​

Answer 1

Answer:

Kuznets defined a new measure, modern economic growth, which is 'a long-term rise in the capacity to supply increasingly diverse economic goods to its population, this growing capacity based on advancing technology and the institutional and ideological adjustment that it demands' [from Kuznets's Nobel Acceptance ...