Consider a Setting in Which Capital Is Mobile Between

question 23

Essay

Consider a setting in which capital is mobile between
sectors, but in the short run labor is divided into two
sector­specific types of labor (skilled and unskilled
labor).In Korea the education system is very intense,
with students attending tutoring sessions in addition to
their regular classes.In the United States the education
system is more relaxed, with students focusing on
sports and other activities after school.With this in
mind, which country better matches the specific­factors
model?

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Definitions:

Wearable Computer

A miniature computer worn by a person allowing the users to multitask.

Multitask

The ability of an individual or machine to perform multiple tasks simultaneously.

Secondary Storage

Non-volatile storage media used to store data permanently, such as hard drives, SSDs, or magnetic tape.

Magnetic Tape

A secondary storage medium on a large open reel or in a smaller cartridge or cassette.