What affects human productivity? Does public policy affect the availability of resources people need to be productive? How? Give an example of a public policy you think either inhibits or promotes long run productivity growth.
There are several factors that affect human productivity. For instance, poverty. This is cause by the inability of a person to work and receive income. There are several reasons a person is unable to work such as health. If a person is not ill or is not mentally stable it will be hard for him/her to keep and employment, therefore, making it hard to get a paycheck. Limited tools and resources can also make people lose motivation and not focus at work. it makes the job harder and unpleasant. It becomes hard for the company to keep employees.
Public policy does affect the availability of resources people require to be productive. Trade wars limits people form doing business. Not everyone has access to obtain everything necessary to survive so trade is essential. For businesses who trading is necessary a trade war is going to affect them. A policy inhibits or promotes long run productivity in health care. It makes a healthy environment making it easier for the community to be productive.
Netsy's Thoughts 