Question: a) If the economy is growing slowly or not at all, do we have any chance of achieving success as a nation with each of these 4 supply growth factors below?
I. Increases in the Quantity & Quality of Natural Resources
II. Increases in the Quantity & Quality of Human Resources
III. Increases in the Supply (or Stock) of Capital Goods
IV. Improvements in Technology
b) what will likely cause us problems as a nation in each of the above 4 growth factors?
c) what approaches can we use to increase our odds of success?