There is a pretty close relationship between overall productivity and relative wealth and well being of the general population. See all industrialized nations.
People who can look beyond surviving start to consume, which drives demand, which drives the need for workers. Productivity can be forced shortly, but in the long run it goes down as people have less energy, are less focused, more accidents happen, more things break…
There is a pretty close relationship between overall productivity and relative wealth and well being of the general population. See all industrialized nations.
People who can look beyond surviving start to consume, which drives demand, which drives the need for workers. Productivity can be forced shortly, but in the long run it goes down as people have less energy, are less focused, more accidents happen, more things break…