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Given the Possible Strategies Listed Below, Design the Best Plan

question 67

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Given the possible strategies listed below, design the best plan for increasing the country's future standard of living. i. build new factories
ii. print money
Iii. develop new production technology
iv. sacrifice consumer goods for capital formation
iv. tighten immigration policy
v. produce only enough capital goods to replenish depreciation.


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Strengths

The qualities or attributes that are considered to be an advantage or are beneficial.

Deficits

The amount by which something, especially a sum of money, is too small or is lacking in comparison to requirements or expectations.

Organizational Learning

The process by which an organization improves and evolves based on past experiences and knowledge.

Individual Learning

The process by which a person acquires knowledge, skills, or competencies on a personal level, outside of collective educational settings.

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