Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The lump of labor fallacy says Technology will always eliminate more jobs than it creates All jobs will become service sector jobs by 2 0

The "lump of labor" fallacy says
Technology will always eliminate more jobs than it creates
All jobs will become service sector jobs by 2041
Job retraining will not meet the demand for new jobs created by technology.
The amount of work for the workforce is limited
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Management

Authors: John Pearce, Richard Robinson

14th edition

77862511, 978-0077862510

More Books

Students also viewed these General Management questions