Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The lump of labor fallacy says All jobs will become service sector jobs by 2 0 4 1 Job retraining will not meet the demand
The "lump of labor" fallacy says
All jobs will become service sector jobs by
Job retraining will not meet the demand for new jobs created by technology.
Technology will always eliminate more jobs than it creates
The amount of work for the workforce is limited
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started