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  • Shifts in The PPC

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    Daja Sew
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    The document discusses factors that can cause a production possibilities curve (PPC) to shift outward or inward. Some factors that cause the PPC to shift outward include investment in capital/technology, an influx of skilled workers, discovery of new resources, and improved education. Factors that can shift the PPC inward are outdated technology, loss of skilled workers, depletion of resources, decreased productivity, and economic depression.

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    Shifts in the PPC

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    The document discusses factors that can cause a production possibilities curve (PPC) to shift outward or inward. Some factors that cause the PPC to shift outward include investment in capital/technology, an influx of skilled workers, discovery of new resources, and improved education. Factors that can shift the PPC inward are outdated technology, loss of skilled workers, depletion of resources, decreased productivity, and economic depression.

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    © All Rights Reserved
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    2 views8 pages

    Shifts in The PPC

    Uploaded by

    Daja Sew
    The document discusses factors that can cause a production possibilities curve (PPC) to shift outward or inward. Some factors that cause the PPC to shift outward include investment in capital/technology, an influx of skilled workers, discovery of new resources, and improved education. Factors that can shift the PPC inward are outdated technology, loss of skilled workers, depletion of resources, decreased productivity, and economic depression.

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    of 8

    FORM 4 ECONOMICS

    SHIFTS IN THE PPC


    https://www.youtube.com/watch?v=O6XL__2CDPU&t=12s&ab
    _channel=JacobClifford
    FACTORS THAT CAUSE PPC TO SHIFT
    OUTWARDS

    • Investment in capital i.e. plant and machinery and new technology./Technological progress.
    • Inward migration of younger, skilled workers.
    • Discovery of new natural resources.
    • Improved education, training and healthcare to lift labour productivity
    • Economic growth.
    FACTORS THAT CAUSE PPC TO SHIFT
    INWARDS
    • Obsolete or outdated technology
    • Migration of skilled workers/decrease in population.(Brain drain)
    • Depletion of natural resources
    • Decrease in labour productivity
    • Economic depression/decrease

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