The country of Saudi Arabia has invested heavily and improving its human capital and its capital goods which is likely result of this increase investment

Answer 1

in economic growth and development in the long term. By investing in education, training, and healthcare, the country is equipping its workforce with the skills and knowledge needed to drive innovation and productivity. This will lead to higher levels of efficiency and competitiveness in the global market.

Additionally, investments in capital goods such as infrastructure, technology, and machinery will help to improve productivity and efficiency in various industries. This will attract foreign investment and create opportunities for economic diversification and growth.

Overall, by focusing on investments in human capital and capital goods, Saudi Arabia is positioning itself for long-term economic success and prosperity. This approach will help to create a more skilled and productive workforce, drive innovation and technological advancement, and stimulate economic growth and development in the country.