4.1 Understanding sources of long-term economic prosperity

[Using your economic knowledge on long-term growth, provide your insights into the ingredients that an economy needs for achieving ongoing improvements in its productive capacity and economic prosperity over the long-run. Explain what are the most important ingredients for strengthening a country's potential output in the long-run. Include a theoretical diagram to illustrate your discussion of long-term growth.]

4.2 Effects of the pandemic on the economy's productive capacity

[Drawing on your economic knowledge of the drivers of long-run growth, identify at least two ways that the pandemic has potentially damaged the economy's productive capacity. Also identify at least one way that the pandemic has resulted in changes that could improve a country's productive capacity. Explain how these effects would be illustrated using the theoretical diagram that you have presented above.]

Please include a diagram, thanks