What role does an educated labor force play in the adaptation of new technologies? |
It hinders the adaptation of new technologies due to resistance to change. It facilitates the adaptation of new technologies. It makes the adaptation of new technologies more costly as educated people are more likely to form trade unions which obstruct modernization. It has no impact on the adaptation of new technologies. |
It facilitates the adaptation of new technologies. |
The availability of an educated labor force facilitates the adaptation of new technologies. Educated individuals are more likely to understand and embrace new technologies, leading to a smoother and more effective integration of technological advancements in various industries. |