Buy custom The Benefits Of Globalization &Amp; Free Trade
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Topic: |
Business
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Number of pages / Number of words: |
14 / 3648 |
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If one were to follow such reasoning, it would anticipate that the advances in technology that allowed for dramatically fewer workers to be needed to produce the agriculture necessary to supply the nation would lead to the massive proportion of the population that previously worked in farming to be idle and unemployed...
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Such reasoning would also predict that the millions of clerical workers whose jobs have become obsolete due to computerization would be left permanently jobless. In terms of the employment outlook for an economy, there is no fundamental difference between a job lost in TV manufacture due to more efficient technology and the same job lost due to cheaper overseas labor...
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