Scenario 1
Country A invested in reliable wireless Internet for most of its cities. As a result, more people and small businesses have access to high-speed Internet. Households are happy with this development, as they now have improved Wi-Fi for communicating, downloading movies, gaming, and so on. Firms are even happier because their bill payment, sales, and customer service processes are much faster and more reliable. Output has even increased in local manufacturing firms because automated machines run quicker.

Scenario 2
Country B invested in free, mandatory public education for boys and girls ages 6 through 18. Children will also have access to free transportation to and from school. While some people criticize the government for this tremendous expense, the government believes it will recover the investment when the country has a more educated, well-trained workforce.

What is driving economic growth in each of these countries?

The government of country A spent money investing in wireless Internet. So, a robust infrastructure is the driving force behind country A’s economic growth. On the other hand, the education provided by country B will result in a large and competent workforce, which will also lead to economic growth. Therefore, both countries will experience economic growth driven by investment.

Explanation:

Edmentum Answer

kapoorprachi783 kapoorprachi783 · Answer 2 · 2022-07-13T08:59:16+02:00

The government of country A spent money investing in wi-fi net. So, a robust infrastructure is the riding pressure behind United states A’s financial increase. Alternatively, the schooling furnished by way of country B will result in a big and competent group of workers, with a purpose to also result in monetary growth. Therefore, each nation will revel in economic growth driven by funding.

What do mean by the aid of financial boom?

Monetary increase – measured as a boom of human beings' actual earnings – approaches that the ratio between human beings' earnings and the costs of what they can buy is growing: items and services end up greater cheap, and humans become less terrible.

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