Wednesday, April 24, 2013

Topic 10: How to Boost My "GDP"


Increasing one’s productivity would usually result in better grades and more free time. However this may not apply so to everyone. Some people may gain more knowledge through more studying, but still don’t know how to apply the concepts. Then there are people who can only increase productivity in a specific field of skill. The main factors that contribute to economic productivity include: the quality of the labor, technological innovations, energy costs, and financial markets. Only two from the list are mainly being applied to a human and how one is able to increase their productivity. The first one, quality of labor, this factor is how educated and healthy the workers are; the better educated and healthier the labor force is, the more productivity there will be. This is exactly how the productivity works for students as well, the more education one receives and the healthier mind and body of a student is, the overall productivity will be higher. The second one being energy costs. Energy costs is how much fuel and power are put into the labor force or technology to achieve higher productivity. The more energy a student puts into his/her work, the general thoughts would be that that student will become successful and productivity will end up higher. 

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