By investing in human capital German and British governments create a higher standard of living for their people. Order the events below starting with what happens first so that they demonstrate how that higher standard of living is achieved
1. German and British governments invest in education and training programs to improve the skills of their workforce.
2. Skilled workers are able to find higher-paying jobs in industries that require specialized knowledge and expertise.
3. Increased investment in human capital leads to higher productivity and economic growth in Germany and the UK.
4. With a more skilled and productive workforce, the overall standard of living in both countries improves, as people have more opportunities for well-paying and fulfilling work.