The increased participation of women in the workforce

Question

Quizplus · Accepted Answer

The increased participation of women in the workforce has contributed to the rate of economic growth. This is because more workers mean more production and increased productivity. Additionally, it has led to a shift in the structure of the workforce toward services, as traditionally female-dominated roles such as healthcare and education have become more prominent. It is not true that women have simply shifted from waged work to unwaged work, as studies have shown that women's participation in paid work has significantly increased over the years. It also does not shift the production possibilities frontier curve to the left, as more workers mean an expansion of the production possibilities frontier.

The Increased Participation of Women in the Workforce