Skilled Labor Commanded a Higher Wage Than Unskilled Labor in Both

question 14

True/False

Skilled labor commanded a higher wage than unskilled labor in both the U.S.and Europe between 1789 and 1860.However,skilled wages in the U.S.were higher,on average.A higher land to labor ratio in the U.S.can explain the higher wage rates of skilled workers in the U.S.

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Definitions:

Matrix Structure

An organizational structure that combines two or more types of structures, typically project-based and functional, to leverage the benefits of both.