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Capital-Intensive Production Techniques in the Developed World Save Labor and Increase

Question 8

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Capital-intensive production techniques in the developed world save labor and increase output.In less developed countries,what is the main impact of capital intensification?


A) Governments are less responsive to the needs of the people.
B) Workers are displaced, eliminating critically needed jobs.
C) More of the budget is devoted to military spending.
D) Standards of living are higher.
E) Human capital increases.

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