Chapter 18

Human resources are not very important in the production of goods.

• True

• False

There are over 120 million people employed in out workforce.

• True

• False

A high school education and special training are no longer important in our workforce.

• True

• False

There is only one major type of industry today: service-producing.

• True

• False

Most white-collar workers are employed in offices and stores.

• True

• False

Computers and information technology have little effect on blue-collar workers.

• True

• False

The demand for factors of production affects the availability of jobs.

• True

• False

Stages of the business cycle affect job opportunities.

• True

• False

The need for business to remain profitable and competitive has led to downsizing.

• True

• False

Immigrants have had little effect on out workforce and economy in recent years.

• True

• False