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Answer to Question #80954 in Economics for Maria taheer
Question #80954
Explain how the contribution of labor and entrepreneur get changed in industrialized work and agriculture ? 8 marks
Expert's answer
As automation becomes more and more widespread in the world, the significance of low-qualified labor decreases.
On the other hand, the importance of creativity and entrepreneurship grows as this helps to produce highly competitive products with greater margins.
On the other hand, the importance of creativity and entrepreneurship grows as this helps to produce highly competitive products with greater margins.
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