Question: If technological change increases structural unemployment, why do most governments and economists encourage such change? Be sure to cover at least three of the following

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

Be sure to coverat least threeof the following concepts:

  • Definition of technological change
  • Definition of structural unemployment
  • Impact of technological change on employment
  • Impact of technological change on future production
  • Impact of technological change on the economy

Include a discussion of the following topics:

  • How does an economy recover from structural unemployment?
  • What government actions help to facilitate this recovery?

Be sure to include one example.

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