Rank physical capital, human capital, technology, and natural resources from most important to least important in influencing modern long-run economic growth of aggregate output per capita.

1. Natural Resources.

2. Physical Capital or Infrastructure.

3. Human Capital.

4. Technology.

Explanation:

1. Natural Resources. The discovery of more natural resources like oil, or mineral deposits boosts economic growth and increases the country's Production Possibility Curve.

2. Physical Capital or Infrastructure. Increased investment in physical capital, such as factories, machinery, and roads, will lower the cost of economic activity. Better factories and machinery are more productive than physical labor.

3. Human Capital. A skilled labor force has a significant effect on growth since skilled workers are more productive.

4. Technology. Technology could increase productivity with the same levels of labor, thus accelerating growth and development.

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.