USA HISTORY

THE ROARING 20S 1920 1929

AMERICAN ECONOMY IN THE 1920S

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The amount of work a person can do in a certain amount of time is called ____
A
productivity
B
employee supply
C
industry
D
expert technique
Explanation: 

Detailed explanation-1: -What Is Productivity in the Workplace? Productivity in the workplace refers simply to how much “work” is done over a specific period of time. Depending on the nature of the company, the output can be measured by things like customers acquired, phone calls made, and, of course, sales gained.

Detailed explanation-2: -Productivity is a measure of economic performance that compares the amount of goods and services produced (output) with the amount of inputs used to produce those goods and services.

Detailed explanation-3: -Productivity is a measure of how efficiently a person completes a task. We can define it as the rate at which a company or country produces goods and services (output), usually judged based on the amounts of inputs (labor, capital, energy, or other resources) used to deliver those goods and services.

Detailed explanation-4: -What is a productivity example? Productivity is commonly measured in output per worker or output per worker per hour. For a manufacturing company, a measure of productivity might be the number or value of the finished products each worker can produce within a given time.

There is 1 question to complete.