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What is the process of increasing the amount of capital used per worker?
capital deepening novanet
Increasing the amount of capital per worker is called what?
Capital deepening.
What is capital deepening and how does it contribute to economic growth?
It is the process of increasing the amount of capital per worker. Also it contributes by firms and employees itself.
Increasing the amount of capital per worker is called?
capital deepening- "An increase in the amount of capital per worker; one source of rising labor productivity" (McEachern, 2009).
What is capital per worker?
Capital per worker is a measure of the amount of capital within an economy. The higher quality capital per worker, the more is produced by each type of worker.
To what part of an industry does a worker's education contribute?
human capital Human capital is the knowledge and skills a worker gains through education and experience.
What part of an industry does a worker's education contribute?
human capital Human capital is the knowledge and skills a worker gains through education and experience.
Kind of capital involving skills and knowledge gained by a worker?
Human Capital
What is the fourth factors of production measures the qualifications of a worker?
Human capital
What four factors of production measure the qualifications of a worker?
Human capital
What four factors of production measures the qualifications of a worker?
Human capital
What fourth factors of production measures the qualifications of a worker?
Human capital
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