Which of the following do the British and German economies have in common? Select the two correct answers.

response - incorrect
Responses

high wages due to investment in human capital

high wages due to investment in human capital - not selected, this is the correct answer

a strong government role in a mixed economy

a strong government role in a mixed economy - incorrect

coastline for ports of entry and trade

coastline for ports of entry and trade - no response given

strong entrepreneurship helping a strong economy

strong entrepreneurship helping a strong economy - correct

recent expansion into engineering and technical fields

1 answer

The two correct answers that the British and German economies have in common are:

  1. High wages due to investment in human capital - This reflects both countries' emphasis on education and skills training, which generally leads to higher wages.

  2. Strong entrepreneurship helping a strong economy - Both economies emphasize innovation and entrepreneurship, contributing to their overall economic strength.

Please note that while both countries may have a coastline for ports of entry and trade, this is not a characteristic that defines their economies as similar in the context of the provided options.