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.
Hello there,
Under the universal standards of conduct, psychological researchers must do all of the following except
Answer: Minimize exploitation
Answer: Afghanistan, a country stationed on the Asian continent.
Explanation:
Afghanistan is one of the poorest countries in the world. The long history of bloody wars and bad climatic conditions, and the turbulence of the political top have made the country one of the world's poorest. The Islamic Republic of Iran borders Afghanistan in the west, Afghanistan in the north by three countries, namely Turkmenistan, Uzbekistan, and Tajikistan; the eastern border is the border between Afghanistan and China and Pakistan, while in the south, there is another border crossing with Pakistan. Afghanistan has no access to the coast.
Answer: The correct answer is D
Explanation: They are essentially concerned with questions of law
Quarantine has really been a sudden change for everyone, it’s something our generation never even imagined we would experience. There have been many challenges for everyone, including myself. In these last couple months I’ve had many challenges, the first being away from my friends. I’m a very social person who relies a lot on my friends for my mental health and being an extrovert isn’t helping me at all in quarantine. These two months have made me want adventure and fun times more than I already did before and to be honest, I really just want to see my friends. During this time I’ve had so much time to think about what I’m missing out on. I’m missing out on the excitement of the end of the year, the traditions I’ve had with my friends, and much more. It’s weird, I’m still in the mindset from two months ago, I don’t feel like school is ending, I don’t feel like its summer. Also, when quarantine started I had no motivation, I slept in a lot and I missed a lot of my classes, it really does show what quarantine did to my mental health. Everything feels like its flying by so fast, yet moving so slowly at the same time.
Though things have been tough, there have been many good things that have come out of this for me. The first being, I have a sleep schedule now. During the school year, I was getting up at ____, staying at school until ____ and then going home and doing homework, it really wasn’t fun, I would end up going to school tired and I wouldn’t learn anything, I would just slave away but now that it is quarantine, I can wake up at a regular time. Now I have time for my hobbies, I’m actually starting to buy stuff and —-insert hobby—! I’m also —-another hobby—- and —-hobby—- now and then. Quarantine has actually not been that bad, because of it I’ve been more on top of my classes, I’ve been focusing more on my mental health, and I’m feeling much better compared to when school was actually in session.
