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Access to lifesaving medicine is very limited in parts of africa; as a result, over 10 percent of children do not reach the age of five. What effect would this have on economic growth in africa?

Sagot :

Access to lifesaving medicine is very limited in parts of africa; as a result, over 10 percent of children do not reach the age of five. It would slow economic growth because worker health and labor productivity would grow more slowly.

Labor productivity measures the output of a country's economy computed on hourly basis. Especially, it charts the amount of real gross domestic product (GDP) produced by an hour of labor.

Growth in labor productivity depends on three main factors: saving and investment in physical capital, new technology, and human capital.

Labor productivity should  always not to be confused with employee productivity, which is a measure of an individual worker's output.

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