How will globalization affect our labor supply? How will globalization affect the labor supply in other nations? Economic growth is an increase in real GDP, resulting in improved standards of living...

How will globalization affect our labor supply? How will globalization affect the labor supply in other nations?

Economic growth is an increase in real GDP, resulting in improved standards of living Economic growth occurs when society either acquires more resources or discovers more efficient ways to use existing resources What options (nationally and globally) do we have for the future for acquiring more resources or using what we have more efficiently?