Question
Recall the multiple factors that determine productivity. For example, workers are more productive when they have more capital/worker, more human capital/worker, etc. Listen to the
Recall the multiple factors that determine productivity. For example, workers are more productive when they have more capital/worker, more human capital/worker, etc. Listen to the Sewing Robot podcast linked below and be prepared to address the following:
1. Think of a traditional clothing manufacturing set-up (one worker per sewing machine). What impact do sewing robots have on capital per worker and human capital per worker? What impact does technology have on the use of capital and human capital?
2. Given what you learned above, what might be the impact on US clothing manufacturing productivity if sewing robots are widely adopted? When you answer this, it will help to consider why the US currently imports most of its clothing from other countries.(Remember that productivity = Y/L.)
3. If #2 happens, who wins and who loses in the global economy in general and in the US specifically. Explain your rationale.
https://www.npr.org/sections/money/2016/08/03/488611449/episode-715-the-sewing-robot
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