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From the readings and videos, name and discuss some economically solid ways the citizens and government...

From the readings and videos, name and discuss some economically solid ways the citizens and government could increase the U.S. economic growth as measured by the percentage change in real GDP per capita and increase the standard of living for U.S. citizens.

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Answer #1

To increase per capita income and standard of living the following measures can be taken :

1) Increase in government expenditure on infrastructure and building up sound public sector units which can generate more employment and production .

2) Increase in government provisions for education , healthcare etc at minimal costs .

3) The citizens or private sector can be more responsible and judicious in usage of resources in order to promote sustainable economic growth .

4) Government social security measures and expenditure on research and development leads to economic growth

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