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The higher the productivity , the higher the living standard of the country. It also contributes in growth in output and income of the country.
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Why is productivity important to economic growth?
because the better the productivity the better the nations economic growth.
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.
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.
Explain why economists argue that productivity is important?
The higher the productivity , the higher the living standard of the country. It also contributes in growth in output and income of the country.
What is productivity growth?
Productivity growth is defined as a measure of the amount of goods and services that are produced during a specified period of time.
Why is productivity important to economic growth?
because the better the productivity the better the nations economic growth.
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.
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.
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.
Explain why economists argue that productivity is important?
The higher the productivity , the higher the living standard of the country. It also contributes in growth in output and income of the country.
What are the important points of significance of HRM?
competition; growth; technology; productivity; labour market; government laws and rules.
What is productivity growth?
Productivity growth is defined as a measure of the amount of goods and services that are produced during a specified period of time.
How labor productivity may vary between countries?
it varies because of economics growth. education is the main focus. And in developing country there are many unskilled worker. then developed countries.
What is the symbol of productivity?
population growth
What has the author Pierre A Mohnen written?
Pierre A. Mohnen has written: 'The relationship between R&D and productivity growth in Canada and other major industrialized countries' -- subject(s): Industrial productivity, Research and development partnership
Why were the alps so important to romes growth?
for protection from neighboring countries.
Why is productivity growth in service sector so important?
The reasons for growth in service economy are; Increase in affluence. more laiesire, higer percentage of women working in labour, greater complexity of labor, increase in products.
