98.6k views
5 votes
For most individuals, which of the following is MOST LIKELY to increase earnings over the long-term? A) finding a second job B) working longer hours C)becoming an entrepreneur D)investing in skill development​

1 Answer

3 votes

Final answer:

Investing in skill development is the most reliable way to increase long-term earnings, as it leads to better job opportunities and economic mobility, despite initial sacrifices.

Step-by-step explanation:

For most individuals, investing in skill development is most likely to increase earnings over the long-term. Working additional jobs or longer hours can provide a temporary boost in income, but these strategies are not typically sustainable in the long-term nor do they significantly enhance an individual's earning potential. Entrepreneurship offers potential for substantial earnings but involves higher risk and is not a sure path to increased income for everyone. In contrast, investing in skill development, such as obtaining additional education or vocational training, can lead to higher-paying employment opportunities and is associated with long-term economic mobility. Despite the initial sacrifice and the deferral of income while pursuing education, this strategy can lead to a significant increase in personal wealth over the course of one's career.

User Bojian Zheng
by
8.7k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.