Question

The German and British governments invest heavily in human capital. How does this lead to a higher standard of living? Order the sequence to answer the question.

Higher wages leads to

investment in human capital leads to

productive workers leads to

higher literacy rates and good education leads to

Answer 1

To answer the question regarding how investment in human capital leads to a higher standard of living, the sequence can be ordered as follows:

1. Investment in human capital leads to
2. Higher literacy rates and good education leads to
3. Productive workers leads to
4. Higher wages leads to

This sequence illustrates the flow of how investing in human capital ultimately contributes to a higher standard of living.