Homework Question Help

label Economics
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

What can be done to improve the standard of living of our citizens and achieve long run equilibrium? What can be done to improve worker's productivity at work?

Oct 3rd, 2015

Thank you for the opportunity to help you with your question!

How to improve stardans of living

> Availing more resources and finances to train tomorrow"s entrepreneurs .

   This can be done by education . Young children should b educated and trained more to obtain the skills to work tomorrow and earn a living. Building more colleges and high schools , including rural area to enable all children access school.

> Encouraging more investments ,including foreign investments.

 This would enable the citizens get jobs for them to sustain their day to day living with the money they earn.

 > Promoting proper health care.

 Citizens should be encouraged to eat well and stay safe. This should be able to give them more strength  to work earn more money.

> Regulation of taxes - Taxes should not be to high

 > Population control - Citizens should be encouraged to give birth to children they can only provide for to avoid poverty.


How to motivate the employees:

> Employees can be motivated by increasing their salaries

 > Offering promotions and rewards when a job is well done

 > Training the employees on how to use the current innovations

Please let me know if you need any clarification. I'm always happy to answer your questions.
Sep 18th, 2015

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
Oct 3rd, 2015
Oct 3rd, 2015
Oct 18th, 2017
Mark as Final Answer
Unmark as Final Answer
Final Answer

Secure Information

Content will be erased after question is completed.

Final Answer