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Question

A skilled worker like a software professional generates more income than an unskilled worker. Why?

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Solution

A skilled worker generates more income than an unskilled worker mainly because the productivity of an educated and skilled person is higher than an unskilled one. A skilled worker also commands higher earnings and gainful employment. This is because they cannot be substituted easily because it takes years to generate manpower that is skilled in a particular field. On the other hand, an unskilled worker like a rickshaw puller can be easily substituted and such workers easily compromise on lesser earnings.


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