The factor accounting for the largest increase in the productivity of labor in the United States has been:

Question

Quizplus · Accepted Answer

Technological advance has been the primary factor accounting for the largest increase in the productivity of labor in the United States. This includes advancements in machinery, computers, and other technology that have made workers more efficient and productive. While education and training, improved resource allocation, and the quantity of capital are all important factors, they do not account for as large of an increase in labor productivity as technological advance.

The Factor Accounting for the Largest Increase in the Productivity