Question: If technological change increases structural unemployment, why do most governments and economists encourage such change? Cite references to material that you use in preparing the
If technological change increases structural unemployment, why do most governments and economists encourage such change? Cite references to material that you use in preparing the essay.
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.
Ensure you have presented your assignment in a logical format, that has an introduction paragraph, the body (one or more paragraphs), and a concluding paragraph. (this may be achieved by using free tools available on the Internet).
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