SHORT ANSWER Workers on the manufacturing floor are being replaced by robots. For the U.S. economy this is good and bad. The good - Automation allows companies compete with cheap labor from other countries. The bad - Automation eliminates jobs. In your opinion: Where is this trend heading and how will it impact the U.S. economy long term? What policies or legislation would you propose to make the situation better going forward?

SHORT ANSWER Workers on the manufacturing floor are being replaced by robots. For the U.S. economy this is good and bad. The good - Automation allows companies compete with cheap labor from other countries. The bad - Automation eliminates jobs. In your opinion: Where is this trend heading and how will it impact the U.S. economy long term? What policies or legislation would you propose to make the situation better going forward?

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter20: The Global Economy

Section: Chapter Questions

Problem 7AA

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