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List and describe four determinants of a country's productivity.

List and describe four determinants of a country's productivity.

发布时间:2025-03-08 05:31:45
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答案:【计分规则】: The four determinants of a country’s productivity are: (1) physical capital, which is the stock of equipment and structures that are used to produce goods and services; (2) human capital, which is the knowledge and skills that workers acquire through education, training, and experience; (3) natural resources, which are inputs into production that are provided by nature, such as land, rivers, and mineral deposits; and (4) technological knowledge, which is society’s understanding of the best ways to produce goods and services.
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