To be competitive in a global economy,Europeans must

Question

Quizplus · Accepted Answer

Increasing productivity is essential for European countries to compete in a global economy. This means finding ways to produce more goods and services with the same or fewer resources, which can lead to cost savings and increased profitability. It also means investing in technology and education to increase efficiency and expertise in various industries. Reducing population density, working fewer hours, or tightening immigration rules may not necessarily lead to increased competitiveness. Increasing wages may also be helpful, but it would need to be balanced with productivity gains to avoid putting too much strain on businesses.

To Be Competitive in a Global Economy,Europeans Must