Capital-intensive production techniques in the developed world save labor and increase output.In less developed countries,what is the main impact of capital intensification?
A) Governments are less responsive to the needs of the people.
B) Workers are displaced, eliminating critically needed jobs.
C) More of the budget is devoted to military spending.
D) Standards of living are higher.
E) Human capital increases.

Question

Quizplus · Accepted Answer

In less developed countries, the main impact of capital intensification is the displacement of workers, which eliminates critically needed jobs. This can lead to increased poverty and inequality, as well as social instability.

Capital-Intensive Production Techniques in the Developed World Save Labor and Increase