Answered

Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

When growth is driven by factors inside the economy, it is said to be:_______

a. endogenous.
b. exogenous.
c. random.
d. unsustainable.
e. based on luck.

Sagot :

Parrain

Answer: a. endogenous.

Explanation:

Endogenous growth refers to a phenomenon where growth in the economy is driven by internal factors instead of external ones.

The theory surrounding this type of growth supports investment in human capital in a nation because it believes that if the government and the private sector were to invest in human capital, there would be internal economic growth as the labor will become more productive.

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.