Feflect : why? evaluate the role of both skilled and unskilled workers in the economic growth of your state
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Skilled workers are likely to have higher productivity so the firm will gain more revenue. They can also demand more pay as they are inelastic in supply (can draw a diagram to show this however not needed), any increase in demand will lead to higher increase in wage.
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Answer:
. helps in overall utilisation of countries natural resource
. both plays important role in socio economic development
. they increase national income and contribute to overall human development
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