The country of Saudi Arabia has invested heavily in improving its human capital and physical capital. Which is a likely result of this increased investment?

Answer 1

A likely result of the increased investment in human capital and physical capital in Saudi Arabia is economic growth and development. By improving human capital through investments in education, training, and skill development, the country can enhance its workforce's productivity and efficiency. This can lead to increased innovation, higher quality products and services, and a more competitive economy.

Investments in physical capital, such as infrastructure development and technological advancements, can also boost productivity and efficiency. Improved infrastructure, such as transportation systems, telecommunications networks, and energy facilities, can facilitate economic activities and attract both domestic and foreign investments. Upgraded technology and machinery can automate processes, reduce production costs, and increase output.

Overall, these investments can contribute to diversifying the Saudi economy, reducing its dependence on oil, and fostering sustainable economic growth. They can also lead to job creation, higher incomes, improved living standards, and a more prosperous society.

Answer 2

The country of Saudi Arabia has invested heavily in improving its human capital and physical capital. Which is a likely result of this increased investment?
Responses
A trade increasestrade increases
B Gross Domestic Product (GDP) risesGross Domestic Product (GDP) rises
C standard of living goes downstandard of living goes down
D Gross Domestic Product (GDP) falls

Answer 3

B Gross Domestic Product (GDP) risesGross Domestic Product (GDP) rises