Economic Impact
The rate of growth for labor and capital is the most important determinant of economic expansion. An aging population and a contracting workforce may curb U.S. economic expansion for several decades, for example.
Read more about this topic: Labor Shortage
Famous quotes containing the words economic and/or impact:
“In our personal ambitions we are individualists. But in our seeking for economic and political progress as a nation, we all go up—or else all go down—as one people.”
—Franklin D. Roosevelt (1882–1945)
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—Thomas S. Kuhn (b. 1922)