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The largest factor is the amount of labor.

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How do capital and human capital increase the wealth and income of nations?

how do capital and human capital increase the gdp wealth and income of nations


How do capital and human capital increases the GDP wealth and income of nations?

how do capital and human capital increase the gdp wealth and income of nations


Merits and demerits of brain drain?

it will increase our native nations wealth


What is an efficient way for nations to increase its wealth and income?

It can increase its labor productivity by investing in human capital.


The system of mercantilism is based on which concept?

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Who conquers other nations to get gold and glory?

A conqueror who seeks to expand their territory and increase their wealth through military conquests and subjugation of other nations.


When was The Wealth of Nations created?

The Wealth of Nations was created in 1776.


Who said to increase its wealth a nation must increase its productivity?

The idea that to increase its wealth a nation must increase its productivity is commonly attributed to economists like Adam Smith and later, more explicitly, to economists in the classical and neoclassical traditions. Smith's seminal work, "The Wealth of Nations," emphasizes the importance of productivity in generating wealth. This principle has been built upon by many economists over the years, linking productivity growth to economic prosperity and national wealth.


Why did they create the French colonys?

The French, as with many other nations, colonised other areas to increase their wealth, influence ad resources.


When was The Wealth of Nations published?

An Inquiry into the Nature and Causes of the Wealth of Nations (generally referred to by the short title The Wealth of Nations) by the Scottish economist Adam Smith. was first published in 1776


Adam Smith wrote the famous economics book called?

Wealth of Nations


Who wrote the book called wealth of nations?

The Wealth of Nations was written by Adam Smith.