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High levels of education and application of new technology

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Q: Which factor helps to explain the growth of economic productivity in Japan since World War 2?
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How are economic growth and productivity related?

Economic growth and productivity are directly related. The more productivity that there is in a nation, the more exponential that the economic growth will be.


How are productivity are growth related?

Economic growth and productivity are directly related. The more productivity that there is in a nation, the more exponential that the economic growth will be.


Why is productivity important to economic growth?

because the better the productivity the better the nations economic growth.


Which factor contributed to the US economic growth in the 1950s?

US productivity in manufacturing U.S. industrial power the growth of domestic consumerism


What is Labor Productivity and how is it important to economic growth?

Labour productivity is defined by the OECD to be "the ratio of a volume measure of output to a volume measure of input" OECD Manual: "Measuring Productivity; Measurement of Aggregate and Industry-Level Productivity Growth. Labour productivity is important to economic growth because without it no one would be working.


What has the author Kupukile Mlambo written?

Kupukile Mlambo has written: 'Total factor productivity growth' -- subject(s): Econometric models, Manufacturing industries, Demand functions (Economic theory), Industrial productivity


What factor besides the plague delayed the renaissance in Northern Europe?

lack of economic growth lack of economic growth lack of economic growth


A limiting nutrient is to ecosystem productivity as a limiting factor is to population?

growth rate


What is a large barner to economic development?

Stagnation, stagflation, and under-productivity were contributors. No growth in wages and no productivity is a problem in economic development. Those in a nutshell are the large issues in such cases.


How does investment impact economic growth?

It helps increase productivity


What does human capital mean in social studies?

In social studies, human capital refers to the knowledge, skills, and abilities that individuals possess and can contribute to economic productivity. It encompasses the education, training, and experiences that individuals acquire over time to enhance their productivity and economic value in the workforce. Human capital is a key factor in understanding economic growth and development within societies.


The growth of towns was one factor in the growth o this economic activity?

commerce