Trade schools and colleges are closing down in your country. How would this affect your nation’s Gross Domestic Product? Pls Answer I need this now

Answers

Answer 1

Answer: How does a nation's education system relate to its economic performance? Why do most workers with college degrees earn so much more than those without degrees? Understanding how education and training interact with the economy can help explain why some workers, businesses, and economies flourish, while others falter.

As the labor supply increases, downward pressure is placed on the wage rate. If employers' demand for labor doesn't keep up with the labor supply, wages usually fall. An excess supply of workers is particularly harmful to employees working in industries with low barriers to entry for new employees—that is, those with jobs that don't require a degree or any specialized training.

Conversely, industries with higher education and training requirements tend to pay workers higher wages. The increased pay is due to a smaller labor supply capable of operating in those industries, and the required education and training carries significant costs.

KEY TAKEAWAYS

O The knowledge and skills of workers available in the labor supply is a key determinant for both business and economic growth.

O Industries with higher education and training requirements tend to pay workers higher wages.

O Differences in training levels is a significant factor that separates developed and developing countries.

O An economy's productivity rises as the number of educated workers increases since skilled workers can perform tasks more efficiently.


Related Questions

2.
Which of the following was NOT an idea that impacted the colonies?
A. Mercantilism
B. Enlightenment
C. Great Awakening
D. Socialism

Answers

enlightenment as colonials were very religious, being christians you dont learn enlightenment

35. Why are remittance a part of
Mexico's economy?

Answers

Answer:

In Mexico, remittances have facilitated a number of benefits for the Mexican economy and infrastructure. Because of the relatively high demand for remittance services, many banks are able to offer remittance services as a secondary profit source.

Explanation:

ILL GIVE 25 POINTS AND BRAINLIEST TO SOME WHO CAN EXPLAIN WHY TRUMP WAS A BAD PRESIDENT

Answers

Answer:

He is not bad ok ahhhhhhhhhhhhhhhhhhhhhhhhh

Explanation:

what is the difference between whiteness and blackness?

Answers

Answer:

Whiteness studies is the study of the structures that produce white privilege,[1] the examination of what whiteness is when analyzed as a race, a culture, and a source of systemic racism,[2] and the exploration of other social phenomena generated by the societal compositions, perceptions and group behaviours of white people

Which BEST describes the relationship between desertification and air quality in Africa?
A
Air quality decreases as desertification leads to the death of oxygen-producing plants.
B
Desertification occurs as a result of low air quality caused by agricultural chemicals in the air.
С
Desertification occurs as a result of low air quality which makes it difficult for plants to get sunlight.
D
Air quality decreases as desertification drives more people away from agriculture and into the oil business.

Answers

Answer:

A

Air quality decreases as desertification leads to the death of oxygen-producing plants.

Explanation:

The above describe the relationship between desertification and air quality in Africa. This is because, plants helps in the maintenance of balance between the oxygen availability and air in circulation. Naturally, plants takes carbon(iv) oxide to manufacture its foods thereby giving out oxygen as one of its waste products.

The removal of plant trees (commonly called deforestation) leading to barren land area (desertification) reduces the oxygen availability and the air quality.

2. What were the two main mountain ranges in northern Mesoamerica?

Answers

Answer: Sierra Madre Occidental and Sierra Madre Oriental.

Explanation:

In which of these cities did the route from the Mediterranean Sea intersect the route from the Red Sea?

A. Damascus

B. Sidon

C. Petra

D. Baybylon

Answers

It was the Babylon.

Explanation: If you look at this question it is quite simple. You would need to know what seas are next to the Red Sea. You will also need to know where the other seas are (nearest to Mediterranean Sea). It would be obviously be Babylon. You also spelled Babylon.

Using the social-conflict approach, what could be a problem with
suburbanization?
A. There is less money available to provide services for people
remaining in cities.
B. The schools in the cities are better equipped than those in the
suburbs.
C. Mass transportation can become confusing when there are too
many routes in and out of cities.
D. The roads in the cities lead to areas in the suburbs.

Answers

Answer:

A. There is less money available to provide services for people

remaining in cities.

Explanation:

Suburbanization refers to the population shift that occurred when people moved from the urban area to a more rural area.  Typically, this happened when those people already earned enough savings and decided to pursue a more quite life.

When this happen, those people will brought a long the capital that they can do to purchase goods /services along with them. This reduce the amount of money available in urban area. As a result, there will be less businesses that can afford to continue their operation.

Many colonists called the 13 colonies the "13 countries." Why do you think colonists gave them this nickname? What does this tell you about how different the groups were in terms of culture (the types of people), landscape (the land and location), and reasons for settlement? What does it tell you about how united they were before the Revolutionary War?

Answers

The correct answer to this open question is the following.

I think colonists gave the nickname of 13 colonies because they considered themselves different colonies with special characteristics, customs, cultures, and forms of government. They were in the same North American territory but lived under different rules.

That is why we considered them as different groups in terms of culture (the types of people), landscape (the land and location), and reasons for settlement. Those cultural differences and belief systems created their own identities. Some English colonists arrived in the North American territory after being persecuted by the Church of England. Others arrived in America to get rich, as was the case of the Jamestown, Virginia colony. Some settled in poor soil lands and had to developed fishing and navigating skills such as the Massachusetts colonies. some others settled in fertile soil lands as was the case of the "bread and basket colonies."

The colonies were not as united as they should be, However, as being part of the English monarchy, they suffered from the same issues and problems such as the heavy taxation imposed by the English government. The colonies had to pay high taxes and they did not have any voice or representation in the British Parliament. That is why they decided to join forces in the Continental Congress and fight against the English troops in the Revolutionary War to get their independence.

Why do you think an elected official would be interested in knowing the results of a public opinion poll on establishing a helmet law for motorcyclists of all ages?

Answers

Answer: The elected official is one of the people who helps get the law passed. And if your elected, you must listen to your people or you won’t get re-elected. Also, there is a difference between a government job and a elected official because one has to listen because of the upcoming debates.

Explanation:

While colleges and universities can ask students to provide information about race, ethnicity, age, and gender, students have the
right to refuse to answer such questions. Even though we live in a data-rich world, there are still some pieces of information that
individuals are not required to provide.
O True
O False

Answers

trueeeeee HAVE A GREAT MF DAY
The answer would be true.

What have you learned about Religion ? Use any 10 words to write 10 sentences about Religion. WORD BANK :1)Movement 2)Expansion 3)Writing 4)Churches 5)Discussion 6)Value 7)People 8)Worth 9)Kindness 10)Letters 11)Ports 12)Harbors 13)Trade 14)Monotheism 15)Polytheism 16)Differences 17)Respect . *

Answers

Answer:

Explanation:

Religion is a world on it's own where there is a respect or reverence shown to a deity known as God. People gather in groups to fellowship, some of those groups are churches, mosques. Sometimes, in religion, there is a movement of persons from one faith to another which is called "change of faith". The aim of most religion is to show kindness to humanity, to show people that their lives is worth it. While some religioun shows kindness others harbor hatred for those not in the same religion with them.

What established Mississippi's bicameral legislature? The Mississippi state budget of 2020 established a bicameral legislature. The Mississippi Constitution of 1890 created a bicameral legislature. The Mississippi Court of Appeals decided in 1994 that the legislature should be bicameral. The Mississippi governor appointed a bicameral legislature in 1817.

Answers

Answer:

The Mississippi governor appointed a bicameral legislature in 1817.

Explanation:

MISSISSIPPI CONSTITUTION OF 1817 established Mississippi's bicameral legislature. This js evident in the content of the Mississippi Constitution of 1817, Article III, Section IV, which states that "The legislative power of the State shall be vested in two distinct branches; the one to be styled the Senate, the other the House of Representatives, and both together, The General Assembly of the State of Mississippi..."

What kinds of things spread to the new world as the result of the Age of Exploration?

Answers

Answer:

The spread of plants, animals, and diseases was one of the biggest effects of the Age of Exploration.

Explanation:                                                                                                             Look at some examples of how biological exchanges affected people around the world. Explorers and conquistadors brought many new plants to the Americas . They brought European crops such as barley and rye.

Explain how the literacy rate of Kenya can affect the economics of the country

Answers

Answer:

The literacy rate is the number of people in a country who can read and write. Illiteracy affects all areas of life. Those with low literacy skills are far more likely to live in poverty, face health problems because they can't read prescription labels or instructions, and grow isolated in a world increasingly dependent on computers. This affects the economy directly through the working class. The lower the Literacy rate, the less amount of people qualified to work and run businesses.

can anyone answer this plzzzz only if they know it?
Which of the following natural disasters affects the people of Latin America?
A.
hurricanes
B.
tornadoes
C.
tsunamis
D.
haboobs


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

A. Hurricanes

Explanation:

Common natural disasters that affect Latin America are Hurricanes, earthquakes, or floods.

Answer:

Hurricanes

Explanation:

These are the most recent and most abundant that you can find around all of the countries

Which word best completes the sentence?

Select the word from the drop-down menu.

Despite the residents' input, the city council made a decision to postpone construction of the new park until next year.

(a) duplicate
(b) impulsive
(c) rashly
(d) unilateral ​

Answers

Answer: Im sure its D

Explanation: Unilateral means "one-sided." If parents make a unilateral decision to eliminate summer vacation, it means that the students' opinions or opposing views weren't considered. When someone makes a unilateral decision, he or she acts alone, without considering the feelings, opposing opinions or concerns of others. and since its one sided they said DESPITE THE RESIDENTS INPUT  input means to like put in and the residents did not put in like any word or decision.

Which of these options would be strong evidence?
A.) A story about my personal experience
B.) A fact from a research publication

Answers

Answer: B - a fact from a research publication

Explanation:

Answer:B

Explanation: this is because most opinions are most likely bot true and only applies to them

Why did Spain encourage immigration to Louisiana in the late 1700s?

to ensure the colony would be stronger militarily
to get rid of Spain's lawbreakers and unhealthy people
to prevent England or France from taking the territory
to expand trade and make the colony more prosperous

Answers

Answer:

to expand trade and make the colony more prosperous

Explanation:

Answer:

D

Explanation:

did it on edge <3 :)

what is the role of invironment within indigious community?​

Answers

Answer:

A functional platform.

sorry I totally think that this may be wrong.

Describe how the aspect of gender might influence one’s political opinion.

Answers

Males tend to support other males rather than women in politics.

A gendered political economics study, which guarantees that the viewpoints of women are taken into consideration in the analysis's methodology, content, and application.

What is gender in politics?

Gender and politics, also referred to as gender in politics, is a field of research in political science and gender studies that aims to examine the relationship between people's genders and political occurrences.

The interaction between people's political participation, experiences, and gender identities is examined by academics who study gender and politics, as well as how gender ideology affect political institutions and decision-making.

The political participation of women in patriarchal political systems is a particular topic of study. People's treatment based on their gender is frequently considered as being intersectional tied to their entire social identity.

The study of gender and politics is an interdisciplinary field that draws from fields like feminist political thinking as well as political science and gender studies.

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In which form of government do states, cities and counties have the least political power?

Answers

Answer:

Unitary - this is where all power is in the hands of a central government - city and state governments do not have power.

Explanation:

Unitary - this is where all power is in the hands of a central government - city and state governments do not have power.

To decide cases Supreme court justices hear arguments from lawyers on either side. What happens during arguments

Answers

Answer:

Writ of certiorari: the order the Supreme Court issues when it agrees to review a lower court decision; or a Supreme Court order agreeing to hear an appeal. The Supreme Court either denies or grants the petition.

Explanation:

UGH CAN SOMEONE PLEASE HELP MEEEEEEEEEEE QUESTION IN PICTURE
THANKYOUUUUU

Answers

Answer:

i believe it is 4

Explanation:

A Conservative is in favor of which issues?

Answers

Answer:

Conservatism in the United States is a political and social philosophy characterized by respect for American traditions, republicanism, limited government, support for Christian values, moral universalism, pro-business, opposition to trade unions, strong national defense, free trade, protectionism, anti-communism

Something that comes from inside the earth is called a?

Answers

Answer: The core? or the mantle.

what new parties were created leading to the election of 1824?

Answers

Answer:

National Republicans, and Whigs.

Explanation:

12. Which was NOT a reason the Articles of Confederation failed?
А. Too much power to the states
B. Included a Bill of Rights
C Only 1 branch of government
D.No ability to tax the people

Answers

Answer:

C Only 1 branch of government

Only 1 branch of government  was NOT a reason the Articles of Confederation failed. Hence, option C is correct.

What were the main failures of the Articles of Confederation?

Foreign and interstate commerce could not be regulated by Congress. Any laws passed by Congress were not enforced by the executive branch. There was no judicial department or national court system. The Articles of Confederation needed to be amended with a unanimous majority.

Political power was proportionally greater among residents of tiny states than large states. There was no executive branch of the national government. The national government lacked the means to put its legislative decisions into effect or to enforce them. There was no judicial branch of the national government.

The Articles established a little central government and gave the states the lion's share of authority. Since the central government lacked the authority to enact or enforce tax laws or control commerce, the US economy suffered under the Articles.

Thus, option C is correct.

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Who did the puritans receive a charter from

Answers

Answer:

The Puritans received a charter from the Massachusetts Bay Company to settle land in New England. John Winthrop led approximately 1,000 Puritans to America and established the Massachusetts Bay Colony. The colonists wanted to base the colony on the laws of God.

they received a charter from the Massachusetts bay company to settle in New England.

Which of the following statements best describes the level of development found in sub-Saharan Africa, as a region?
A. Development is higher than average throughout the region.
B. There are over 400 languages spoken throughout the region.
C. Development is low or average throughout the region.
D. Development and population density are the highest in the world throughout the region.

Please select the best answer from the choices provided

Answers

Answer:

C. Development is low or average throughout the region.

Explanation:

According to the statistic by the Worldbank, all of the bottom ten countries in term of economic development are located in sub-Saharan Africa.

These region had a really harsh climate. Making it almost impossible for agricultural sector to fully thrive. As a result, food commodities are really hard to found within the countries that located in this region and a lot of rebel groups started to arise due to inability of the government to provide security for its people. On top of that, this region made up around 90% of HIV-related cases in this world.

The combination of these factors made a lot of young generations in Africa economically unproductive and caused the low level of economic development.

Answer:

C. Development is low or average throughout the region.

Explanation:

According to the statistic by the Worldbank, all of the bottom ten countries in term of economic development are located in sub-Saharan Africa.

These region had a really harsh climate. Making it almost impossible for agricultural sector to fully thrive. As a result, food commodities are really hard to found within the countries that located in this region and a lot of rebel groups started to arise due to inability of the government to provide security for its people. On top of that, this region made up around 90% of HIV-related cases in this world.

The combination of these factors made a lot of young generations in Africa economically unproductive and caused the low level of economic development.

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