📚 Learning Guide
Skilled Labor and Economic Growth
easy

How does an increase in skilled labor typically affect a country's economic growth?

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Learning Path
Learning Path

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

Choose the Best Answer

A

It decreases productivity

B

It has no impact on productivity

C

It increases productivity

D

It leads to higher unemployment

Understanding the Answer

Let's break down why this is correct

Answer

An increase in skilled labor usually helps a country's economy grow because skilled workers can do their jobs more efficiently and effectively. When people have specialized training, they can produce better goods and services, which can lead to higher quality products in the market. For example, if more engineers are trained in a country, they can create advanced technology, attracting businesses and investments. This growth in industries can create more jobs, leading to higher incomes and improved living standards for everyone. Overall, more skilled workers mean more innovation and productivity, which is essential for economic progress.

Detailed Explanation

More skilled workers means more people can do complex jobs well. Other options are incorrect because Some might think that more skilled workers could slow things down; It's a common belief that adding skilled workers doesn't change anything.

Key Concepts

Productivity
Topic

Skilled Labor and Economic Growth

Difficulty

easy level question

Cognitive Level

understand

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