Requirement Of Country To Be On PPC
All resources must be used and there shall be no unemployment of factors of production
There must be efficiency in the production, factors of production are allocated at their best
Shifts Of Curve
The outward shift of a curve shall requirement development thus these are one of the reasons of development for a outward shift
An increase in the quality of factors of production, such as more highly skilled labor achieved through investments in education, research and training. Increased productivity can also be caused by technological advances and improved production techniques.
An increase in the quantity of factors of production, such as the discovery of new resources, the reclamation of land, or net migration of labor into a country.
Economies strive to increase their productive capacity. For example, advances in technology will result in higher productivity and output for an economy. This means that even with the same amount of factors of production, more can be produced, resulting in an outward shift of the PPC