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The Knowledge and Skills Acquired by a Worker Through Education

question 112

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The knowledge and skills acquired by a worker through education and experience is a description of which factor of production?


Definitions:

Cultural Diversity

The presence of multiple cultural or ethnic groups within a community.

Anglo-American Value System

A set of beliefs, norms, and values traditionally associated with the cultures of English-speaking countries, particularly the United States and the United Kingdom.

Core

Wealthy countries with developed economies.

Periphery

Poor countries that are exploited for their raw materials by core countries.

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