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Which of the following would be an example of capital deepening?

paying for an employee to take college courses


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).


Increasing the amount of capital per worker is called what?

Capital deepening.


What occurs when the amount of capital per workers increases?

capital deepening


An example of physical capital would be?

an example of physical capital would be


What is the process of increasing the amount of capital used per worker?

capital deepening novanet


What is the process of increasing the amount of Capital use per worker?

capital deepening novanet


What does not promote capital deepening?

saving less and spending more of one's disposable income


Is not a reason that capital deepening is an important source of economic growth?

Capital deepening is not primarily focused on increasing the quantity of labor in the economy; rather, it emphasizes enhancing the quality and productivity of existing labor through better tools, technology, and capital. This improvement in capital per worker leads to increased efficiency and output, driving economic growth. Additionally, while capital deepening can contribute to higher wages, its main role is to elevate productivity levels, which in turn fosters overall economic expansion.


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.


How can a deficit actually increase the productivity of the economy?

by importing investment goods used for capital deepening


How can a trade deficit actually increase the productivity of an economy?

by importing investment goods used for capital deepening