USA National Standards for Concept "Productivity"
National Standard Number: 6
When individuals, regions, and nations specialize in what they can produce at the lowest cost and then trade with others, both production and consumption increase.
Online lessons on US Standard 6 from the National Council on Economic Education Website.
National Standard Number: 15
Investment in factories, machinery, new technology, and in the health, education, and training of people can raise future standards of living.
Online lessons on US Standard 15 from the National Council on Economic Education Website.
