As the USeconomy Relies More and More Heavily on the Production of Production

question 43

Multiple Choice

As the U.S.economy relies more and more heavily on the production of services rather than goods,

• A)GDP will decrease since there will be less real production.
• B)International trade will become more difficult.
• C)Mass unemployment will result.
• D)Nearly all future job growth will be in service-producing industries.

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Definitions:

Spearman

Charles Spearman was an English psychologist who is best known for his work in statistics and the theory of general intelligence.

Crystallized Intelligence

The ability to use learned knowledge and experience.

Acquired Skills

Abilities or expertise developed over time through practice and learning, as opposed to those that are innate or inherited.

Analytical

Pertaining to the use of analysis or logical reasoning to solve problems or make decisions.