Identify and explain the concept from the given illustration:The use

1.	Identify and explain the concept from the given illustration:The use of new technology in the printing industry has led to unemployment among several workers.
Answer» Technological unemployment. Technological unemployment arises due to changes in technology. Modern technology is capital intensive requiring less labour. Thus, the use of new technology displaces few workers from their jobs.

Identify and explain the concept from the given illustration:The use of new technology in the printing industry has led to unemployment among several workers.

Answer»

Technological unemployment.

Technological unemployment arises due to changes in technology. Modern technology is capital intensive requiring less labour. Thus, the use of new technology displaces few workers from their jobs.

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Identify and explain the concept from the given illustration:The use of new technology in the printing industry has led to unemployment among several workers.

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