[Answer] produces more goods and services(?)

Answer: Jim lost his job in a car assembly factory to a robot and his skills will no longer be needed. Which terms can be used to describe Jim? Check all that apply.

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produces more goods and services(?) produces more goods and services . produces more goods and services . When economists determine that a nation's GDP has declined they can point to this as a sign of economic shrinkage. economic growth. low unemployment. poor leadership. economic shrinkage. In the United States and other market economies privately owned firms produce most goods and services using a variety of techniques. One of the most important is specialization in which different firms make different kinds of products and individual workers perform specific jobs within a company . The government prices and produces goods and services that it thinks benefits the people. A country that has a command economy focuses on macroeconomic objectives and political considerations to... Thu Jul 26 2018 · One of the main difference between goods and services is that the former is produced and the latter is performed. To know more differences on the two take a read of the article presented to you. Content: Goods Vs Services ... First of all the goods are produced then they are traded and finally consumed whereas services are produced and ... Fri Jan 30 2009 · Goods and services are produced faster and can be sold more cheaply Goods and services are produced faster and can be sold more cheaply . It is easier to compare prices. The simplest explanation for the growth of service industries is that goods production has become increasingly mechanized. Because machines allow a smaller workforce to produce more tangible goods the service functions of distribution management finance … rights facilitate exchange and enable people to use their time and resources to produce more goods and services . by laws preventing the production of specific goods and serv...

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