When workers are in an industry that is experiencing rapid improvements in technology,they can expect

Question

Quizplus · Accepted Answer

When workers are in an industry that is experiencing rapid improvements in technology, it does not necessarily mean that there will be a reduction in the need for physical capital or a decrease in demand for final products. However, it is possible that their jobs may require new skills to operate and maintain the new technology. As a result, their wages may be affected, but it is not a certain outcome. Therefore, none of the above options are correct.

When Workers Are in an Industry That Is Experiencing Rapid