Page 4 - Brown and White Doodle Marketing Proposal Report Cover A4 Document

-CAPITAL

CAPITAL IS AN IMPORTANT FACTOR IN ECONOMIC

DEVELOPMENT, BECAUSE IT IS NEEDED TO SUPPORT

INVESTMENT AND EXPANSION OF THE PRODUCTIVE

SECTOR. CAPITAL CAN BE PHYSICAL, SUCH AS

INFRASTRUCTURE, FACTORIES, AND EQUIPMENT, OR

HUMAN CAPITAL, SUCH AS KNOWLEDGE AND SKILLS.

INVESTMENT IN EFFICIENT CAPITAL WILL INCREASE

PRODUCTION CAPACITY AND ACCELERATE

ECONOMIC GROWTH.

-TECHNOLOGY

TECHNOLOGY HAS AN IMPORTANT ROLE IN

INCREASING PRODUCTIVITY AND EFFICIENCY IN THE

ECONOMY. THE ADOPTION AND SPREAD OF NEW

TECHNOLOGY CAN REDUCE PRODUCTION COSTS,

IMPROVE THE QUALITY OF GOODS AND SERVICES,

AND CREATE NEW JOBS. COUNTRIES THAT ARE ABLE

TO DEVELOP AND APPLY NEW TECHNOLOGY WILL

HAVE A COMPETITIVE ADVANTAGE IN ECONOMIC

DEVELOPMENT.