Respuesta :
Countries with high rates of economic growth tend to have a labor force that is more productive.
Countries with high rates of economic growth tend to have a labor force that is more productive. This is because economic growth is positively correlated or linked to labor force productivity driven by technological progress, capital investment, and human capital development. With a good labor force, the output per hour increases as new machines and technology are utilised. Labor specialization produces efficiently and effectively while minimising inputs or raw materials and maximizing outputs. On the other hand, as more goods are produced, more job opportunities are present, which improves income and results in a positive balance of trade in a country. Most people in the country will have incomes, reducing income inequality and improving living standards. Therefore, a productive labor force is associated with countries with high rates of economic growth.
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