Mikishadar4k Mikishadar4k
  • 09-05-2017
  • Business
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Technological unemployment is macroeconomic phenomenon that occurs when

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BlueSky06
BlueSky06 BlueSky06
  • 23-05-2017
Technological unemployment happens in industries when the skills of workers are replaced using technology. Capital in labor is higher than the cost of products so industries try to find ways to substitute it for investing in machines that would cost less than the labor. 
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