What can a govt do to raise the living standard

Reference no: EM13187813

What can a government do to raise the living standard of an economy in the long term?

-Encourage firms to adopt the best technology in the production process.
-Adopt measures to attract foreign investments in the economy.
-Increase the period of free education for all its residents from nine years to 2 years.

Reference no: EM13187813

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