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How did technological advances in machinery like the Cotton Gin affect the demand for slave labor?

the plantation owners wanted more labor, thus bringing in more slaves because the plantation owners wanted free labor, so they can earn more money


How does demand of labor affect the level of production?

it affects because labor is the main factor of production so that is to say no labor no production at all


What factors affect demand?

There are a number of factors that affect resource demand. Some of them include amount of labor, income prices of the related aspects, availability of the resources and so much more.


What factors affect resource demand?

There are a number of factors that affect resource demand. Some of them include amount of labor, income prices of the related aspects, availability of the resources and so much more.


How does wage increases affect the demand for and supply of labor?

wages will go down because productivity is lower


What has the author Neil Gandal written?

Neil Gandal has written: 'Technology, trade, and adjustment to immigration in Israel' -- subject(s): Alien labor, Commerce, Industrial productivity, Effect of technological innovations on, Russians, Employment, Emigration and immigration, Wages, Skilled labor, Economic aspects, Labor market, Supply and demand 'The dynamics of technological adoption in hardware/software systems'


What will cause the capital stock when it increases?

Increases in the stock of capital will cause which of the following?The demand of labor increases.The demand of labor decreases.Selected answer No change in the demand of labor.First increase then decrease the demand of labor


What is the best description if employment projections?

Employment projections are estimates of the future demand for specific occupations in the job market. They are based on factors like economic trends, population growth, and technological advancements, and help individuals and organizations make informed decisions about career choices, training programs, and labor market trends.


What is the motto of Technological University of the Mixteca?

The motto of Technological University of the Mixteca is 'Labor et Sapientia Libertas'.


How would an increase in tariffs of copper imports affect the elasticity of demand labor in copper industry?

Supply for copper from outside will decline, Demand for copper locally will increase. More labour needed.


What best explains why the law of supply and demand has an effect on labor market?

In the law of supply and demand the effect on the Labor Market is that labor is a commodity.Labor is a commodity


What does the demand for labor contribute to?

Demand for labor contributes to how much wages should be