Why is "Investment is the key to economic progress"?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter20: Economic Growth
Section: Chapter Questions
Problem 18RQ: What is capital deepening?
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Why is "Investment is the key to economic progress"? 

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