(30 marks)

Some economists believe that the increased inequality that has occurred within many developed countries can be mainly attributed to Automation. Automation, which broadly refers to the adoption of machines and computers in the production process, has become increasingly common across many sectors and countries. For example, the market for industrial robots has experienced a dramatic expansion in the last couple of decades, as shown in Figure 1.

Figure 1 | Annual shipments of industrial robots worldwide (thousand units)^[1]

Optometrists Parsonal finance advisors Opo zoom misarch analysts 4 Nurse practitioners paricus) 45 Cocupational therapists Web developers Mean hourly wage, May 2015 (US$) 30 Postal mail service Physical therapist ass giant Mean Ware 247 Interpretors and translators 1437 Phlebotomato 15 Machine operators Paramedicalaidey [various) Line of bey hit Home health aides Personal care aides -200 -100 100 200 300 400 500 Total projected job growth 2014-24 (thousands of employees)Insert your graphs and explain here:\fTop quintile (above $66,790) Second quintile (below $66,790 and above $44,040) Third quintile (below $44,040 and above $33,280) Quintiles of employment in 2014: occupations with mean annual wage Fourth quintile (below $33,280 and above $26,380) Fifth quintile (below $26,380) O 1,000 2,000 3,000 Total projected job growth 2014-24 (thousands of employees)