Question

Complete the sentences on the role of government in promoting economic growth.

1. The government's direct role in the production of physical capital is primarily focused on_____________.
2. The government's direct role in creating human capital is primarily focused on Governments play an indirect role in private savings and investment through_________.

Answer 1

1) Improving infrastructure(Social Overhead)

2) a) Enhancing the schooling

system

b)regulating the financial system.

Step-by-step explanation:

The government's direct role in the production of physical capital is primarily focused on developing infrastructure such as bridges, good roads, stable electricity, etc.

And secondly, the government's role in developing the human capital capacity by making sure school curriculum suitable, comprehensive enough and are stick to.

2 b) government has to indirectly regulate private savings and investment through her monetary policies