In the Bahamas we sometimes confuse a piece of the economic pie with income re-distribution. In other words using the power of government to give preferential treatment to one group over another. Their production requires work, investment, cooperation, machinery, brain power, and organisation. There are four major sources of production and income growth. First, improvements in the skills of workers will promote economic growth.
Skilful workers are more productive.
Education, training, and experience are the primary ways people improve their skills. Second, capital formation can also enhance the productivity of workers. Workers can produce more if they work with more and better machines. Fourth, improvements in economic organisation can also promote economic growth. The legal system of a country for example, strongly influences the degree of economic cooperation.