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Unemployement - The Unavoidable Consequence Of New Technolog
Beginning of essay
Technology – as defined by the US National Academy of Science (cited in Jones 1996, p.17) –
is a perishable resource comprising knowledge, skills, and the means
of using and controlling factors of production for the purpose of
producing, delivering to users, and maintaining goods and services,
f ....
Middle of essay
....ies during this period (Jones 1996, p.24).
Historically though, the impact of technology has been to increase productivity in specific areas and in the long-term, “release” workers thereby, creating opportunities for work expansion in other areas (Mokyr 1990, p.34). The early 19th Century was marked by a rapid increase in employment on this basis: machinery transformed many workers from craftsmen to machine minders and although numbers fell relative to output – work was replaced by emp.... |
| Number of words: 1575 |
Approximate pages: 6 |
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