Why do investments in capital goods encourage economic growth?
A.
Better tools and technology improve the efficiency of production.
B.
Greater skills and knowledge among workers improves the quality of the goods they produce.
C.
Better tools and technology increase prices for consumer goods.
D.
Greater skills and knowledge among workers increases access to valuable natural resources.
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Answer:
i think your answer is option A
Explanation:
Additional or improved capital goods is intended to increase labor productivity by making companies more productive and efficient. Newer equipment or factories leads to more products being produced, and at a faster rate.
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