Skill-biased technological changes benefit:
A) educated workers more than uneducated workers.
B) all workers equally.
C) uneducated workers more than educated workers.
D) no workers.

Question

Quizplus · Accepted Answer

Skill-biased technological changes refer to technological advancements that increase the demand for skilled workers, who can operate new machinery or use new software, while decreasing the demand for unskilled workers. Therefore, educated workers benefit more from these changes as their skills are in higher demand and they can earn higher wages compared to uneducated workers.

Skill-Biased Technological Changes Benefit