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To efficiently increase wealth and income, a nation should focus on optimizing its natural, human, and capital resources. This can be achieved by investing in education and skills training to enhance human capital, adopting sustainable practices to efficiently manage and utilize Natural Resources, and fostering innovation and entrepreneurship to stimulate economic growth. Additionally, creating a conducive business environment through effective policies and infrastructure development will attract investment and facilitate trade, further boosting wealth and income.

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1w ago

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Capital resources is the only one that nations can significantly increase in the short-term.


Which resource of production is only one that nations can significantly increase in the short-term?

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