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→Demographics and an economy
Investopedia indicates: "[[Education]] tends to raise productivity and creativity, as well as stimulate entrepreneurship and technological breakthroughs. All of these factors lead to greater output and economic growth."<ref>[https://www.investopedia.com/articles/economics/09/education-training-advantages.asp#:~:text=Education%20tends%20to%20raise%20productivity,greater%20output%20and%20economic%20growth. How Education and Training Affect the Economy]</ref>
Investopedia indicates: "[[Education]] tends to raise productivity and creativity, as well as stimulate entrepreneurship and technological breakthroughs. All of these factors lead to greater output and economic growth."<ref>[https://www.investopedia.com/articles/economics/09/education-training-advantages.asp#:~:text=Education%20tends%20to%20raise%20productivity,greater%20output%20and%20economic%20growth. How Education and Training Affect the Economy]</ref>
== Guns and butter economic concept ==
''See also:'' [[Guns and butter economic concept]]
The [[guns and butter economic concept]] describes the government allocation to defense spending versus social programs.<ref>[https://www.investopedia.com/ask/answers/08/guns-butter.asp What Does "Guns and Butter" Mean in Government Spending?], Investopedia</ref>
=== Guns and butter curve ===
According to Investopedia: "The guns-and-[[butter]] curve is the classic [[economics|economic]] example of the production possibility curve, which demonstrates the idea of [[opportunity cost]]. In a theoretical economy with only two goods, a choice must be made between how much of each good to produce. As an economy produces more guns (military spending) it must reduce its production of butter (food), and vice versa."<ref>[https://www.investopedia.com/terms/g/gunsandbutter.asp Guns-and-Butter Curve: Definition and How It Works], Investopedia</ref>
== Demographics and an economy ==
== Demographics and an economy ==