The labor force typically grows faster in developing countries than in industrial ones because mortality rates are higher in low-income countries.

Question

Quizplus · Accepted Answer

This statement is false. The labor force growth is determined by several factors including population growth, education and training, immigration, and retirement rates. Mortality rates can impact the size of the labor force indirectly by affecting population growth, but they are not the main driver of labor force growth. In fact, high mortality rates can actually reduce the size of the labor force by increasing the number of deaths and reducing the number of individuals available to work.

The Labor Force Typically Grows Faster in Developing Countries Than