Question

why is productivity important​

Answer 1

Answer:

ᴡᴇʟʟ, ɪғ ʏᴏᴜʀ ᴇᴍᴘʟᴏʏᴇᴇs ᴄᴏᴍᴘʟᴇᴛᴇ ᴛʜᴇɪʀ ᴡᴏʀᴋ ɪɴ ɢᴏᴏᴅ ᴛɪᴍᴇ, ᴛʜɪs ᴍᴇᴀɴs ᴛʜᴇʏ ʜᴀᴠᴇ ᴍᴏʀᴇ ᴛɪᴍᴇ ᴛᴏ sᴘᴇɴᴅ ᴏɴ ᴏᴛʜᴇʀ ᴛᴀsᴋs. ᴛʜɪs ɪɴᴄʀᴇᴀsᴇs ᴏᴜᴛᴘᴜᴛ ᴀɴᴅ ᴛʜᴇʀᴇғᴏʀᴇ sᴀᴠᴇs ʏᴏᴜ ᴍᴏɴᴇʏ. ᴀᴄʜɪᴇᴠɪɴɢ ɢᴏᴀʟs. ɪғ ʏᴏᴜʀ ᴡᴏʀᴋғᴏʀᴄᴇ ɪs ᴘʀᴏᴅᴜᴄᴛɪᴠᴇ ᴀɴᴅ ᴅᴇᴅɪᴄᴀᴛᴇᴅ ᴛᴏ ᴛʜᴇɪʀ ᴡᴏʀᴋ, ʙᴏᴛʜ ᴛʜᴇ ϙᴜᴀʟɪᴛʏ ᴀɴᴅ ϙᴜᴀɴᴛɪᴛʏ ᴏғ ᴛʜᴇɪʀ ᴡᴏʀᴋ ᴡɪʟʟ ɪᴍᴘʀᴏᴠᴇ.

Explanation:

ʜᴏᴘᴇ ᴛʜɪs ᴡɪʟʟ ʜᴇʟᴘ ᴜʜʜʜ☺☺

Answer 2

Answer ⬇

Increases in output can only be due to increases in the inputs to the production process, or to the efficiency with which they are used. With growth in productivity, an economy is able to produce—and consume—increasingly more goods and services for the same amount of work.

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