Increased productivity most often leads to which of the following? (1 point) Responses higher standards of living higher standards of living better educational opportunities better educational opportunities shorter working hours shorter working hours lower profits and outputs lower profits and outputs
3 answers
Increased productivity most often leads to higher standards of living. When productivity increases, it means that more goods and services can be produced using the same amount of resources. This typically results in more goods and services being available for consumption, which can improve the quality of life for individuals and society as a whole. Additionally, increases in productivity can potentially lead to better educational opportunities and shorter working hours as well, as economic growth provides more resources for education and efficiency gains can lead to less time required to produce the same output. It generally does not lead to lower profits and outputs, which is contrary to the concept of productivity growth.
Which answer?
The answer is: higher standards of living.