Asked by
jainav patel
on Dec 16, 2024
Verified
Technological change leads to unemployment.
Technological Change
The development and application of new technologies and improvements in production processes, products, or services.
Unemployment
A situation where individuals who are capable of working and willing to work cannot find employment.
- Acquire knowledge about the critical role of technological evolution and its reciprocal relationship with labor markets and production rates.
Verified Answer
KC
Learning Objectives
- Acquire knowledge about the critical role of technological evolution and its reciprocal relationship with labor markets and production rates.
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