In order to increase economic development and productivity, which of the following might a country do?

Question

(1 point)

A. increase capital goods

B. lower tariffs

C. restrict literacy and education

D. encourage trade barriers

Answer 1

To increase economic development and productivity, a country might:

A. increase capital goods

Increasing capital goods leads to enhanced production capacity and efficiency, which contributes positively to economic development.

Lowering tariffs (B) could also promote trade, but it is not as directly linked to increasing productivity as increasing capital goods. Restricting literacy and education (C) and encouraging trade barriers (D) would likely hinder economic development.