📚 Learning Guide
Skilled Labor and Economic Growth
easy

A skilled labor force always guarantees higher economic growth, regardless of other factors such as technology and capital investment.

Master this concept with our detailed explanation and step-by-step learning approach

Learning Path
Learning Path

Question & Answer
1
Understand Question
2
Review Options
3
Learn Explanation
4
Explore Topic

Choose the Best Answer

A

True

B

False

Understanding the Answer

Let's break down why this is correct

Answer

While a skilled labor force is important for economic growth, it does not guarantee it on its own. Economic growth also depends on other factors like technology and capital investment. For example, if a country has many skilled workers but lacks modern technology, those workers may not be able to produce efficiently. Similarly, if there is not enough investment in tools and infrastructure, skilled workers might not have the resources they need to thrive. Therefore, all these elements must work together for a country to experience real economic growth.

Detailed Explanation

Having skilled workers is important, but it's not the only thing that matters. Other options are incorrect because Some might think that just having skilled workers is enough for growth.

Key Concepts

Skilled Labor
Economic Growth
Human Capital
Topic

Skilled Labor and Economic Growth

Difficulty

easy level question

Cognitive Level

understand

Ready to Master More Topics?

Join thousands of students using Seekh's interactive learning platform to excel in their studies with personalized practice and detailed explanations.