If technological change increases structural unemployment, why do most governmen
ID: 1131234 • Letter: I
Question
If technological change increases structural unemployment, why do most governments and economists encourage such change? Prepare a 2-page paper on this topic. Cite references to material that you use in preparing the essay.
Be sure to cover at least three of 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. Also, ensure that you have the appropriate formatting to avoid plagiarism and the appropriate grammar (this may be achieved by using free tools available on the Internet).
The following criteria will be used to grade the papers:
The essay discussed at least three of the following concepts: (1) Definition of technological change, (2) Definition of structural unemployment, (3) Impact of technological change on employment, (4) Impact of technological change on future production, and (5) Impact of technological change on the economy.
Discussed the following topics in explaining why do most governments and economists encourage such change:
How does an economy recover from structural unemployment
What government actions help facilitate this recovery.
Included an example
Organization and style of the essay.
Organization Grading Guidelines: Presentation is very effective and presented in a logical format with a clear beginning, middle and end. There is a clear statement of ideas and smooth transitions. The writer has stated the main idea clearly and has provided relevant details. The main idea is clearly conveyed in a presentation that is highly relevant and interesting. The student provides evidence of thoughtful input. Details are rich and appropriate. Spelling, punctuation, and capitalization are virtually always correct.
Explanation / Answer
Technological change happens in a form when manual work of human is transformed by mechanical work, it means that machines replace humans in workplaces. With such changes there may be some unemployment issues which can emerge from technology advancements. People can become jobless and employment rate may fall. Factories and businesses are dependent upon the technology more than they are dependent on humans. But, governments are employing the technology advancements to boost up the economy and gain competitive advantage in all the aspects. Therefore government and economists encourage technological advances.
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