Composition of three elements of productive forces

The three elements of productivity are as follows:

1, labor

The labor force includes workers and employees with certain skills and knowledge. The quantity and quality of labor force directly affect the level of productivity. By improving the education level, training and skills of workers, the quality of the labor force can be improved, thus improving productivity.

2. Capital

Capital includes fixed capital and current capital. Fixed capital mainly includes land, plant equipment, machinery and equipment and other production tools, and working capital includes raw materials, semi-finished products, inventory and so on. Increasing capital investment can expand production scale, improve production efficiency, and then improve productivity.

3. Technology

Technological progress can improve the level of productivity. Technology includes the innovation and improvement of production technology, production methods and production tools. By introducing advanced production technology and strengthening scientific research and innovation, production efficiency can be improved and productivity can be promoted.

Labor, capital and technology interact and promote each other. Optimizing the structure of labor force and improving the quality of workers can make better use of capital and technology and improve the level of productivity. Increasing capital investment and improving production tools can improve labor efficiency and promote technological upgrading. Technological progress can improve production efficiency and expand the utilization effect of capital.

In the development of People's Republic of China (PRC), the continuous upgrading and development of labor, capital and technology is an important driving force to promote economic development. China government has been committed to improving the quality of workers and increasing investment in education and training. At the same time, China also vigorously develops innovative industries, promotes scientific and technological innovation and technological progress, and strives to raise the level of productivity.

Labor, capital and technology are important elements of productivity. By constantly improving the quality of the labor force, increasing capital investment and promoting scientific and technological innovation, we can improve productivity and promote economic development and social progress.