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 acheived.(1 point)

Question

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 acheived.(1 point)

Arrange responses in the correct order to answer the question. Select a response, navigate to the desired position and insert response at that position. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can be moved using the up and down arrow keys or by dragging with a mouse.
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Answer 1

1. Government invests in education and training programs to improve the skills and knowledge of the workforce.

2. Skilled workers attract foreign investment and businesses, leading to economic growth and job creation.
3. Higher wages and better job opportunities result from the increased demand for skilled workers.
4. Increased wealth and economic stability lead to a higher standard of living for the population.