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It once took 90 percent of our population to grow our food. It now takes only 3 percent of the population to grow our food. Which of the following

by | Nov 29, 2023 | economics

It once took 90 percent of our population to grow our food. It now takes only 3 percent of the population to grow our food. Which of the following statements is true? (Multiple Choice)A)This loss of jobs has been detrimental to our economy. B)The government should provide subsidies to encourage more people to become farmers. C)This reduction in the number of farmers explains the increase in the price of food. D)This is progress because freed-up labor that is used to produce other goods.

It once took 90 percent of our population to grow our food. It now takes only 3 percent of thepopulation to grow our food. Which of the following statements is true? (Multiple Choice)A)This loss…

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