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If technological change increases structural unemployment, why do most governments and economists encourage such change? with the following concepts: Definition of technological change Definition of
If technological change increases structural unemployment, why do most governments and economists encourage such change?
with 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?
include one example.
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