A country's potential for economic growth is greatly influenced by its endowments of__________________?
Correct answer: D. Both a and b
- A. Physical resources
- B. Human resources
- C. None of these
- D. Both a and b
Explanation
Economic growth depends on both physical resources, such as land, machinery and infrastructure, and human resources, such as labour, skills and knowledge. Thus neither category alone gives the full answer.
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