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A worker contributes to the economy by providing labor that produces goods and services, which are essential for economic growth. Their productivity generates income, which is then spent on consumption, further stimulating demand in the market. Additionally, workers pay taxes, which fund public services and infrastructure, supporting overall economic stability. By participating in the workforce, they also enhance innovation and competitiveness within various industries.
What else can I help you with?
What is capital per worker?
Capital per worker is a measure of the amount of capital within an economy. The higher quality capital per worker, the more is produced by each type of worker.
Contribution of industry to national economy?
The industry contributes to the national economy by creating things for consumption.
What are the role of technopreneurship in economic development?
1. It contributes to the growth of the economy.
Which of these elements contributes toward globalization of the economy?
use of foreign labor
How does diamonds affect the economy where it is mined?
Diamond mining contributes to the local economy in the same ways that any kind of process industry operation contributes. Jobs, taxes and company benefits are high on these lists of contributions.
What is purpose of wages?
to help the worker and to help the economy of the country
What is capital per worker?
Capital per worker is a measure of the amount of capital within an economy. The higher quality capital per worker, the more is produced by each type of worker.
What department contributes more income in Pakistan Economy?
textile industry is the backbone of Pakistan economy
Contribution of industry to national economy?
The industry contributes to the national economy by creating things for consumption.
How does tourism contribute to the English economy?
tourism contributes 10.657 billion pounds of cocaine to the uk economy
Which of these elements contributes toward globalization of the economy?
use of foreign labor
What are the role of technopreneurship in economic development?
1. It contributes to the growth of the economy.
How did the first Industrial Revolution affect worker productivity and the economy of the northeast?
The industrial revolution remade the worker line making production faster and increasing input and output; this stimulated the economy because factories were able to produce more for cheaper and sell more for more money.
How does diamonds affect the economy where it is mined?
Diamond mining contributes to the local economy in the same ways that any kind of process industry operation contributes. Jobs, taxes and company benefits are high on these lists of contributions.
Does The positive view of advertising suggests that it contributes to economic efficiency in the economy?
yes
What natural resource contributes significant to the economy of Nigeria Libya and Algeria?
Oil.
Why is the hawaiian islands so important?
It contributes a huge chunk of money to the economy.
