0
This is because this gives more money to the company ,thus leading to increase in productivity. Increased capital will help you buying better machinary that produces faster with better qualit. Increased capital can let you hire more employees thus increasing productivity. Increased capital even may let you enter a new market .
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What special advantage does physical capital offer?
Two of the advantages offered by physical capital are extra time and increased knowledge. Another advantage is increased productivity.
What most accurately describes the relationship between human capital and productivity?
first,relation between human resources is the lifecycle allocation of time and second is the decline in male particapation rate and the increase in female particapation rate
What are the elements of productivity and how is it increased?
The elements of productivity include: * Physical capital:human made resources such as tools, buildings, machines * Human capital:labour force that possesses skills, education, training * Technology:the technical means for the production of goods and services. It is the most important driver of productivity according to some economists. It involves not only major inventions but thousands of small innovations. Productivity may be increased by increasing the physical capital, human capital or technology. Note that there is a term called Diminishing Returns to Physical Capital- which means successive increases in physical capital lead to smaller increases in productivity.
How does the Government encourage an increased level of productivity by doing what?
How does the government encourage an increased level of productivity
To increase human capital governments can provide .?
Such investments provide returns to the individual as well as to the economy as a whole. ... The quality of the labor force, or investment in human capital, can be ... of the cost should be borne by companies, individuals, and government agencies. ... increased economic productivity as the human capital model would suggest.
What describes the relationship between human capital and productivity?
Increased human capital leads to increased productivity.
Why productivity rises when capital is increased?
This is because this gives more money to the company ,thus leading to increase in productivity. Increased capital will help you buying better machinary that produces faster with better qualit. Increased capital can let you hire more employees thus increasing productivity. Increased capital even may let you enter a new market .
What special advantage does physical capital offer?
Two of the advantages offered by physical capital are extra time and increased knowledge. Another advantage is increased productivity.
What most accurately describes the relationship between human capital and productivity?
first,relation between human resources is the lifecycle allocation of time and second is the decline in male particapation rate and the increase in female particapation rate
What are the elements of productivity and how is it increased?
The elements of productivity include: * Physical capital:human made resources such as tools, buildings, machines * Human capital:labour force that possesses skills, education, training * Technology:the technical means for the production of goods and services. It is the most important driver of productivity according to some economists. It involves not only major inventions but thousands of small innovations. Productivity may be increased by increasing the physical capital, human capital or technology. Note that there is a term called Diminishing Returns to Physical Capital- which means successive increases in physical capital lead to smaller increases in productivity.
How does the Government encourage an increased level of productivity by doing what?
How does the government encourage an increased level of productivity
What are some of the driving factors that contribute to the growth of productivity?
Increased productivity results in a higher standard of living as goods and services are produced in greater quantity at the same or lower level of input. The production of goods and services relies upon the use of labor and capital. Increased capital investments for new and more efficient production equipment can increase productivity by requiring a lower level of labor input to produce the same or greater level of goods. Investments in human capital such as education and training can also result in greater productivity as employees become more efficient at their jobs.
How can primary productivity be increased?
wooboo
Why do government around the world care about education?
Educated people are more efficient. Increased efficiency means increased productivity. Increased productivity means increased revenue...who doesn't want more money.
What does technological improvements lead to?
Increased productivity
What lead technological improvements?
increased productivity
What can be increased by an improvement in management techniques?
productivity
