📚 Learning Guide
Skilled Labor and Economic Growth
easy

Skilled Labor:Economic Growth :: Unskilled Labor:?

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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

Economic Stagnation

B

Increased Productivity

C

Higher Unemployment

D

Technological Advancement

Understanding the Answer

Let's break down why this is correct

Answer

Skilled labor refers to workers who have special training or education that allows them to perform specific tasks effectively, which often leads to increased economic growth. This is because skilled workers can innovate, improve productivity, and create higher-quality goods and services. On the other hand, unskilled labor typically involves tasks that require little to no specialized training, which may limit their contribution to economic growth. Therefore, if we compare unskilled labor to skilled labor and economic growth, we can say that unskilled labor is related to slower economic growth or stagnation. For example, while a skilled engineer might design advanced technology that boosts productivity, an unskilled worker may only be able to perform basic tasks, contributing less to overall economic advancement.

Detailed Explanation

Unskilled labor often leads to slower economic growth. Other options are incorrect because Some might think unskilled workers can be just as productive; It's easy to think unskilled labor means more job loss.

Key Concepts

Skilled Labor
Economic Growth
Human Capital
Topic

Skilled Labor and Economic Growth

Difficulty

easy level question

Cognitive Level

understand

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