Sentences with phrase «relatively cheap labor»

Those who benefit the most are those who are able to use relatively cheap labor for unskilled tasks.

Not exact matches

The answer lies in the fact that the U.S. used to have a relatively closed economy whereas now, labor gets replaced either with a tech solution or cheaper foreign - born labor.

Curricula, teaching methods, and schedules can all be customized to meet the learning styles and life situations of individual students; education can be freed from the geographic constraints of districts and brick - and - mortar buildings; coursework from the most remedial to the most advanced can be made available to everyone; students can have more interaction with teachers and one another; parents can readily be included in the education process; sophisticated data systems can measure and guide performance; and schools can be operated at lower cost with technology (which is relatively cheap) substituted for labor (which is relatively expensive).

Contrast the U.S. situation with that of India and other emerging markets where the labor force is young, deep and relatively cheap.

Labor costs: In the previous century, when many of our great public works were constructed, labor was cheap and relatively unskiLabor costs: In the previous century, when many of our great public works were constructed, labor was cheap and relatively unskilabor was cheap and relatively unskilled.