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What Role Does Research and Development (R&D)play in Increasing Productivity

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What role does research and development (R&D)play in increasing productivity?


Definitions:

Hydroelectric Plant

A facility that generates electricity by using moving water to turn turbines.

High Construction Costs

High Construction Costs refer to the significantly increased expenses associated with building infrastructure, facilities, or housing, often due to materials, labor, or regulatory issues.

Solar Thermal System

A system that converts sunlight into heat energy, which can be used for heating water, spaces, or generating electricity.

Carbon Dioxide Emissions

The release of CO2 into the atmosphere, primarily from burning fossil fuels, contributing to global climate change.

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