Productivity can be altered in order to achieve better results, through several factors: quality of labor, technology, energy costs, and financial markets. In terms of using productivity in school and with academics, the factors would be altered to better fit the description and needs of a school environment.
First, quality of labor would be changed to the efficiency and the quality of homework and studying we put in to our learning. The more efforts and better quality the work, the more likely that the knowledge was imparted into your brain. This then increases the product.
Second, technology can be adapted as tools of learning. This may include textbooks, the internet, or even human resources, such as teachers. The better the technology and our access to it, the more likely that we can learn more. For example, if a school was to be able to put in an online library for students, it would be more likely for students to get accurate information from credible sources.
Third, energy costs can be the costs in knowledge. Using the example above, online libraries would greatly reduce the costs, because students wouldn't have to buy books. If e-textbooks were more available, students and parents would be more willing to pay the lesser amount to have the same material, and thus, learn.
Lastly, financial markets refer to how the school or such learning systems works. If a school is able to run smoothly, this will greatly increase the efficiency of learning. For example, if a school didn't have a staff to be in charge of textbooks, most likely, the school would work really slowly, because teachers and other staff would have to deal with this problem. How well the school facilitates determines how well a student can learn.
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