When Workers Move from One Industry to Another in Response

question 6

Multiple Choice

When workers move from one industry to another in response to demand changes,this is an example of

• A)Factor quality.
• B)Factor mobility.
• C)Capital stock.
• D)The decreasing investment in human capital.

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Definitions:

Self-Starters

Describes individuals who are motivated and initiate tasks without the need for external encouragement or pressure.

Sense of Purpose

A feeling of having goals, direction, and meaning in life.

Cognitive Development

The process through which a person's ability to think, understand, and learn evolves throughout life, particularly observed in children.

Middle Adulthood

A stage of life typically ranging from about 40 to 65 years, where individuals experience changes in physical ability, life roles, and perspectives.