quartz/content/Obsidian Vault/remnote backup/Productivity and Growth.md
2022-06-07 16:13:13 -06:00

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Markdown

#econ
- Types of Capital
- Human Capital per Worker↔Skills gained and expertise had within people ^693237
- Natural Resources per Worker↔Ratio of natural resources to population. Brazil is big on this.
- Physical Capital per Worker↔Work machines, factors of production, roads,
- Technical Knowledge↔Technical innovations bring productivity and growth to everyone. Differentiated from [[Productivity and Growth#^693237|human capital per worker]] by its application to everybody as a whole. It's the combustion technology in cars instead of the average workers' knowledge of the combustion technology.