Labour alone cannot produce sustained economic growth.

Name: Labour alone cannot produce sustained economic growth.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Sustained economic growth depends on a variety of factors including technology, capital investment, infrastructure, trade policies, education and skills of the workforce, efficient regulatory framework, among others. While labor is an important factor in the production process, it alone is not sufficient to sustain economic growth.

Labour Alone Cannot Produce Sustained Economic Growth