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.
The Cultural Revolution<span>, formally the </span>Great Proletarian Cultural Revolution<span>, was a sociopolitical </span>movement<span> that took place in </span>China<span> from 1966 until 1976. Set into motion by </span>Mao Zedong<span>, then </span>Chairman of the Communist Party of China<span>, its stated goal was to preserve 'true' </span>Communist ideology<span> in the country by purging remnants of </span>capitalist<span>and </span>traditional<span> elements from Chinese society, and to re-impose </span>Maoist<span> thought as the </span>dominant ideology<span> within the Party. The Revolution marked the return of Mao Zedong to a position of power after the </span>Great Leap Forward<span>. The movement paralyzed China politically and negatively affected the country's economy and society to a significant degree.</span>
Answer:
1. True
Reason: Battle of Okinawa Death Toll Both sides suffered enormous losses in the Battle of Okinawa. The Americans bore over 49,000 casualties including 12,520 killed. General Buckner was killed in action on June 18, just days before the battle ended.
2. True
Reason: During the Second World War, Americans were asked to make sacrifices in many ways. Rationing was not only one of those ways, but it was a way Americans contributed to the war effort.
3. True
reason: Franklin Delano Roosevelt (1882 – 1945) was the 32nd President of the He had direct responsibility for establishing and funding the project and its forerunners. drop the atomic bombs on Japanese cities, as well as post-war nuclear policy. Roosevelt and Winston Churchill, meeting a month later, rejected Bohr's plan.
4. True
Reason: "Fat Man" was the codename for the type of nuclear bomb that was detonated over the Japanese city of Nagasaki by the United States on 9 August 1945. It was the second of the only two nuclear weapons ever used in warfare, the first being Little Boy, and its detonation marked the third nuclear explosion in history
Explanation:
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Congress does not seem very diverse. Examples might include:• The 113th Congress has only one African American senator.• The clear majority of both houses is male, though women make up almost half of the US population.• Ethnic minorities only make up 17% of Congress.
Answer:
They learned to live with the miners even though they did not like it and they did not care about gold.
Explanation:
In america, there was a time when the California State experience the gold rush. This is as a result of the discovery of gold in the state with words spreading like widefire about the abundance of gold in that state.
<em>This drew many people to California leading to quest to get the gold while the Native Americans where greatly discomforted. the had no other option that to watch and accept the fact that, the miners are there to stay and live with them. </em>
