Job Recruitment Website - Immigration policy - What are the factors that affect economic growth?
What are the factors that affect economic growth?
These factors include investment, labor and productivity.
Investment: Generally speaking, investment is directly proportional to economic growth.
2. Labor force: the source of economic growth comes from the higher skills of workers, as well as the increase in the number of labor force, the increase in labor participation rate, immigration and the increase in working hours.
3. Productivity: Productivity refers to the efficiency of using resources (including manpower, material resources and financial resources).
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