Question: 1) If technological change increases structural unemployment, why do most governments and economists encourage such change? Definition of technological change. Definition of structural unemployment. What

1) If technological change increases structural unemployment, why do most governments and economists encourage such change?

  • Definition of technological change.

  • Definition of structural unemployment.

  • What is the impact of technological change on employment?

  • What is the impact of technological change on future production?

2) Discuss.

  • What is the impact of technological change on the economy?

  • How does an economy recover from structural unemployment?

  • What government actions can help to facilitate this recovery?

Be sure to include one example.

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