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RE: The 2020 Global Economic Recession is the fourth worst in history

in Project HOPE3 years ago

Hi @janettyanez In the current context of the contraction of economic growth caused by the world economic crisis, it is worth going back to fundamentals and recalling the driving forces of economic growth. It is now fifty long years since it was realized that economic growth cannot be explained by relying exclusively on the traditional factors of production of land, labor and capital, since there is an important residual factor of growth to be attributed to productivity growth driven by technical progress or innovation.

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This is how @aplausos is a friend, that is one of the main keys, let us hope that the world moves towards the search for effective and pressing solutions.
Thank you for your visit and comment.
Happy Sunday!
Regards.

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