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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

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 coverat least threeof 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.

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