Growth Policy and Economic Productivity

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following is MOST likely to produce higher economic growth in the long run?

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1. How can governments encourage savings and investment?

2. How can the government encourage investment in human capital?

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About This Quiz & Worksheet

These tools are designed to help your review what you know on the ways the government can promote economic growth. Questions you will encounter test your knowledge by asking questions that ask you to identify specific policies.

Quiz & Worksheet Goals

These practice assessments will ask you to identify the effects of:

  • Investing in education
  • Tax credits
  • Savings and investments
  • Increased spending on human capital
  • Per capita savings rate increases

Skills Practiced

  • Information recall- access the knowledge you've gained regarding what nations need to do to increase labor productivity and economic growth
  • Reading comprehension - ensure that you draw the most important information from the related promoting economic growth lesson
  • Making connections- use your understanding of government policies to identify what governments can do to improve the economy in the long term

Additional Learning

If you'd like to learn more about these concepts, feel free to read through our lesson titled Growth Policy and Economic Productivity. Some of the objectives this lesson can help you with are:

  • Identify the primary goal of the government
  • Define what fiscal policy is
  • Describe how government can use its fiscal policy
  • Understand the primary ways economic growth can be encouraged by government
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