Which Of The Following Situations Would Be Considered Cyclical Unemployment? The correct answers are: B. A worker on the assembly line at Ford is laid off due to a drop in car sales brought on by a weak economy. Explanation: Cyclic unemployment is unemployment that is caused by fluctuations in the economic activity of a
Is Technology Rising Unemployment Rates? No :- Technology is not causing unemployment. There was a misconception at the time of industrial revolution that machines replaces human labour and hence creates unemployment. Contrary to that, machines caused opening of many industries and more employment opportunities. Is technology rising unemployment rates debate? No :- Technology is not
Did Nafta Help The US Economy? Did Nafta help the US economy? Economists largely agree that NAFTA benefited North America’s economies. Regional trade increased sharply [PDF] over the treaty’s first two decades, from roughly $290 billion in 1993 to more than $1.1 trillion in 2016. Did NAFTA benefit the economy? NAFTA boosted trade by eliminating