Economic Growth Factors Quiz
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Questions and Answers

Which type of productivity is associated with countries that are less developed?

  • R&D
  • Natural productivity (correct)
  • Artificial productivity
  • High education

    • What is referred to as the 'hardware of society'?

  • Tipping point
  • High education
  • Infrastructure buildup (correct)
  • Innovation

    • Which type of productivity is associated with developed countries?

  • Low education
  • No R&D
  • Artificial productivity (correct)
  • Natural productivity

    • What is the main factor that determines GDP growth?

    <p>Productivity</p> Signup and view all the answers

    Why do technology, innovation, and research and development matter for productivity growth in developed countries?

    <p>They contribute to artificial productivity</p> Signup and view all the answers

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