What type of change is caused by the processes of job creation and job destruction that alter the mix of work in an economy?
A) Technological
B) Demographic
C) Structural
D) Legislative

Question

Quizplus · Accepted Answer

Job creation and job destruction result in a shift in the overall composition or structure of the economy in terms of the types of jobs available. This is known as structural change. Technological change refers to advancements in technology that affect the way goods and services are produced, while demographic change is driven by shifts in the population's age or size. Legislative change results from new laws or government policies.

What Type of Change Is Caused by the Processes of Job