📚 Learning Guide
Impact of Technology on Labor Demand
easy

How does technological adaptation typically impact labor demand in various industries?

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Choose the Best Answer

A

It always increases demand for low-skilled workers.

B

It can decrease demand for certain jobs while creating new ones.

C

It has no impact on labor demand.

D

It only affects high-skilled workers.

Understanding the Answer

Let's break down why this is correct

Answer

Technological adaptation often changes the way work is done in different industries, which can significantly affect the demand for labor. When companies adopt new technologies, they may need fewer workers for certain tasks because machines can perform those jobs more efficiently. For example, in manufacturing, robots can assemble products faster than humans, reducing the number of assembly line workers needed. However, this shift can also create new job opportunities in areas like programming, maintenance, and overseeing technology, as businesses look for skilled workers to manage these advancements. Overall, while some jobs may disappear due to technology, new roles can emerge, leading to a complex shift in labor demand.

Detailed Explanation

Technology changes the way we work. Other options are incorrect because Many think technology only helps low-skilled workers; Some believe technology has no effect on jobs.

Key Concepts

technological adaptation
Topic

Impact of Technology on Labor Demand

Difficulty

easy level question

Cognitive Level

understand

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