The movement of workers from lower productivity jobs to higher productivity jobs would be an example of a(n):

Question

Quizplus · Accepted Answer

Improved resource allocation refers to the movement of resources (including labor) from lower productivity uses to higher productivity uses. When workers move from lower productivity jobs to higher productivity jobs, it is an example of improved resource allocation as it leads to a more efficient use of resources and an increase in productivity. Technological advance refers to advancements in technology, network effects refer to the increased value of a good or service as more people use it, and simultaneous consumption refers to the consumption of a good or service by multiple individuals at the same time.

The Movement of Workers from Lower Productivity Jobs to Higher