Why does rapid economic growth often lead to a decrease in labor intensity?

Updated on workplace 2024-04-07
3 answers
  1. Anonymous users2024-02-07

    Hello, I personally think that it is due to the different stages of economic growth that lead to the different roles of different factors of production. In the initial stage of the economy, it often relies on primary resources, labor, capital and other factors of production to promote economic growth, and the rapid growth of the general national economy is often achieved by cheap labor and resources and sufficient capital accumulation, which is a bit like the development process of China in the first 30 years. When GDP growth reaches a certain stage, the original factors including labor due to the increase in cost and the reduction of the marginal contribution rate will make the country adopt policies and invest in other factors to maintain economic growth, so the labor factor will not be so important, but need to vigorously introduce technology, so as to realize the transformation of the economy from labor-intensive to technology-intensive.

    Therefore, the decline in intensity is determined by the inevitable result of national policies and economic development. When a country's education policy does not follow or has no time to change with the stage of economic development, it will bring about a decline in the employment of unskilled workers, while the demand for skilled workers far exceeds the supply.

  2. Anonymous users2024-02-06

    Less idle labor.

    The quality of the labor force has improved.

    Labor costs are rising.

    Relative costs such as mechanical automation have decreased (and at the same time, high-quality labor is also involved in production through machinery, etc.).

    The share of labour in production decreases.

    Reduced labor intensity.

  3. Anonymous users2024-02-05

    Summary. Hello dear, it is a pleasure to serve you, according to the information you provided. The reasons why the marginal yield is greater than the average yield before the marginal yield and the average yield curve intersect are:

    The implementation of the distribution mode based on distribution according to work and the coexistence of multiple distribution methods has stimulated the enthusiasm of the workers, and the enthusiasm of the workers has been enhanced. Therefore, the marginal yield is greater than the average yield before the marginal yield and the average yield curve intersect.

    Why labor increases, total production falls.

    Hello dear, it is a pleasure to serve you, according to the information you provided. Before the intersection of the marginal output and the average output curve, the marginal output is greater than the average output, and the reason is that the implementation of the distribution mode based on distribution according to work and the coexistence of multiple distribution methods has stimulated the enthusiasm of workers, and the enthusiasm of workers has increased and their sales have become stronger.

    Therefore, the marginal yield is greater than the average yield before the marginal yield and the average yield curve intersect.

    Can you explain in detail? If you explain it this way, you don't explain it.

    Could you please explain it in detail.

    Okay, dear, please wait a minute.

    Can you give it a look?

    In the process of understanding the law of marginal yield diminishing, a simple example can be used to illustrate: in agricultural production, when the factors of production such as land, manpower, and seeds do not change, only chemical fertilizers are added. By dividing the plot into several plots of the same size, and increasing the amount of fertilizer used for each piece of land, the yield obtained must be, and as the fertilizer increases, the yield of each plot of land increases first (i.e., the marginal yield increases).

    Then the yield of planting decreases (i.e., the marginal yield decreases), and finally there is too much fertilizer, and the crops are burned, and even the seeds are lost, and our marginal yield is negative. An example of this is the "Younger Composting Experiment" conducted by agricultural economist Younger to prove this principle.

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