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developed economies which factor is likely to be of concern in a develo…

Question

developed economies
which factor is likely to be of concern in a developed economy in the twenty-first century?
remember, developed economies have greater competition for jobs, but only is specific industries.
populations that are growing too quickly
a labor shortage in manufacturing industries
higher unemployment among less - skilled workers
low gdp

Explanation:

Brief Explanations

To determine the concern in a developed economy, we analyze each option:

  • "low GDP": Developed economies typically have high GDP, so this is incorrect.
  • "a labor shortage in manufacturing industries": Developed economies often shift towards service - based sectors, and manufacturing may face labor shortages as jobs move or require higher skills, but let's check other options.
  • "populations that are growing too quickly": Developed economies usually have slow or stable population growth; rapid growth is more common in developing economies.
  • "higher unemployment among less - skilled workers": In developed economies, there is greater job competition, especially for less - skilled workers as jobs demand higher skills or are outsourced. This matches the context of developed economies having greater job competition (mentioned in the problem hint).

Answer:

higher unemployment among less - skilled workers