A situation in which more wealth is produced without producing more jobs is referred to as:

Question

Quizplus · Accepted Answer

A jobless recovery occurs when economic growth takes place without a corresponding increase in employment. This can happen due to factors such as automation, outsourcing, or productivity improvements that allow businesses to produce more with fewer employees. Economic globalization, cultural globalization, and economic integration do not necessarily imply a jobless recovery.

A Situation in Which More Wealth Is Produced Without Producing