Many economists believe that long- run economic growth is best promoted by _ structural change, such as with a policy of _.

Question

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Many economists believe that long-run economic growth is best promoted by adapting to structural change, such as with a policy of assisting retraining and relocation. This means that instead of resisting change, policies should be in place to help workers adapt to new technologies, industries or jobs. This can be achieved by providing retraining opportunities to workers who may have been displaced by the changes, as well as by assisting with relocation costs. This will help to promote a more flexible and adaptive workforce, which is better equipped to respond to changing economic conditions and emerging opportunities.

Many Economists Believe That Long- Run Economic Growth Is Best