53.0k views
20 votes
Who has received the benefits of economic growth during the past quarter century?

User Kaychaks
by
5.8k points

2 Answers

4 votes

Answer:

Educated, skilled, and affluent workers

Step-by-step explanation:

In the article "Economic Scene; Rich nation, poor nation. Is anyone even looking for a cure?", Peter Passell has presented the dilemmatic situation of economic growth. He presents his argument as to what has been benefitting the economic growth and to which extent has the nation being benefitted. Capital and labor is most required for the development of the nation's economic growth. At the same time, their development needs to be flourished too. Economists have presented the data that since 1970's it is only the skilled and professional workers that has received the benefit from the same.

User Tensigh
by
4.6k points
3 votes

Answer:

Educated, skilled, and affluent workers have received the benefits of economic growth during the past quarter century

Step-by-step explanation:

The group of. people who have received the benefits of economic growth during the past quarter-century are the "Educated, skilled, and affluent workers have received the benefits of economic growth during the past quarter-century."

This is evident in the fact that this category of people tends to get more and high paying jobs. They are most sought after in the socio-economic space.

For example, most of the time Educated, skilled, and affluent workers earn more than other people like artisans with little or no educations

User Sunscreen
by
4.5k points