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.

Question

productive workers leads to

investment in human capital leads to

higher wages leads to

higher literacy rates and good education leads to

Answer 1

a skilled workforce which leads to innovation and increased productivity

The correct sequence to answer the question is:

1. Investment in human capital leads to
2. Higher literacy rates and good education leads to
3. A skilled workforce which leads to innovation and increased productivity
4. Productive workers leads to
5. Higher wages leads to
6. a higher standard of living.