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Do you like it here? http://plotgaming.uw.hu/forum/viewtopic.php?p=58 tube555 But not all hope is lost; there's still innovation. Innovations make existing resources more productive. Productivity is measured by calculating how much output (GDP) increased or decreased given the inputs (capital and labor) used. If you get more output for the same amount of inputs, productivity has increased. That means if western economies innovate more, and thereby constantly increase productivity, they will still grow. If productivity outpaces the economic headwinds, America can still grow at the pace it used to. But that's easier said than done.
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Author: - Kirjoittanut: Anonymous, 07/01/2020, |