True or False: The productivity of construction workers has a minor impact on the economy.

The statement that the productivity of construction workers has a minor impact on the economy is false. In fact, the productivity of construction workers plays a significant role in the overall economic performance and growth. When construction workers are more productive, projects are completed more efficiently, which leads to reduced costs, faster development times, and the ability to take on more projects within a given timeframe. This increased productivity can stimulate economic growth by contributing to infrastructure development, creating jobs, and fostering business expansion.

Additionally, the construction industry often serves as a barometer for economic health; improved productivity can lead to investment in construction projects that might not occur if productivity were low. Therefore, the productivity of construction workers is a critical factor in shaping broader economic trends and impacts.