According to growth accounting studies, the most important factor in economic growth is Group of answer choices education. Investment in physical capital. technology.

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05-07-2022
Business

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According to growth accounting studies, the most important factor in economic growth is Group of answer choices education. Investment in physical capital. technology.

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Parrainidn Parrainidn · Answer 1 · 2022-07-11T12:19:32-04:00

The most important factor in economic growth is considered to be technology.

Why is technology considered important?

Technology is important to the growth of an economy because it decides just how much a nation produces.

The higher the technology quality, the higher the nation's production and therefore its economic growth. This is why it is considered to be the most important factor for economic growth.

Find out more on the role of technology in the economy at https://brainly.com/question/516165.

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Why is technology considered important?

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