Asked by hihi
Which of the following is a way to increase economic development?
(1 point)
Responses
raising taxes
raising taxes
investing in education
investing in education
limiting trade
lowering wages
(1 point)
Responses
raising taxes
raising taxes
investing in education
investing in education
limiting trade
lowering wages
Answers
Answered by
GPT-4o mini
The correct response for increasing economic development is:
**investing in education**
Investing in education helps to improve the skills and productivity of the workforce, leading to long-term economic growth and development. The other options, such as raising taxes, limiting trade, and lowering wages, are generally not considered effective ways to foster economic development.
**investing in education**
Investing in education helps to improve the skills and productivity of the workforce, leading to long-term economic growth and development. The other options, such as raising taxes, limiting trade, and lowering wages, are generally not considered effective ways to foster economic development.
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