The supply-side - case study
Read the article:
Now read the following article taken from the UK's Daily Telegraph:
Answer the following questions:
- Having read both articles, explain why the governments of South Korea and the UK are investing in the respective sectors of the economy?
- Explain why the private sector does not provide all the necessary investment and analyse the possible risks if it did.
- Examine the economic consequences of a government not investing in the technical infrastructure of the country.