Productivity in a manufacturing economy could be significantly affected by

Question

Quizplus · Accepted Answer

An oil shock, such as a sudden increase in oil prices, can significantly affect a manufacturing economy by increasing the cost of production and transportation. This can lead to a decrease in productivity and potentially slow down the economy. Rainfall or weather shocks may have a more direct impact on agricultural economies, while none of the answers is too broad of a statement to be correct in all cases.

Productivity in a Manufacturing Economy Could Be Significantly Affected by