Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

economic growth factors the government of country m has determined that…

Question

economic growth factors
the government of country m has determined that it needs to take action to encourage the growth of its economy. in order to do this, the government has instituted an incentive policy that offers citizens free education. this is extended to all individuals who sign a contract agreeing to work within their specific industry for the next ten years.
how is country m planning on encouraging economic growth?
by investing in research to develop goods that can be introduced on a global scale
by investing in new technologies to produce goods that are in great demand
by investing in education to reduce unemployment and increase production
by investing in resources that can be traded with other nations

Explanation:

Brief Explanations

The text states that Country M's government offers free education to citizens who agree to work in their specific industry for ten - years. This investment in education aims to reduce unemployment (by getting people into jobs) and increase production (by having a more educated workforce), which in turn encourages economic growth.

Answer:

C. by investing in education to reduce unemployment and increase production