The economy of the United States will experience drastic changes in employment trends over the next decade. Determine whether each of the following societal trends will result in an increase or decrease in the demand for workers. Increase in the Demand for Workers An aging US population Increased automation in manufacturing industries Decrease in the Demand for Workers An increase in online retail and customers shopping online Increased reliance on information technology in everyday life A greater reliance on overseas manufacturing and production Increased access to healthcare services and government assistance

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter4: Demand And Supply: Applications And Extensions
Section: Chapter Questions
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The economy of the United States will experience drastic changes in employment trends over the next
decade. Determine whether each of the following societal trends will result in an increase or decrease in
the demand for workers.
Increase in the Demand for Workers
An aging US population
Increased automation in
manufacturing industries
Decrease in the Demand for Workers
An increase in online retail and
customers shopping online
Increased reliance on information
technology in everyday life
A greater reliance on overseas
manufacturing and production
Increased access to healthcare
services and government assistance
Transcribed Image Text:The economy of the United States will experience drastic changes in employment trends over the next decade. Determine whether each of the following societal trends will result in an increase or decrease in the demand for workers. Increase in the Demand for Workers An aging US population Increased automation in manufacturing industries Decrease in the Demand for Workers An increase in online retail and customers shopping online Increased reliance on information technology in everyday life A greater reliance on overseas manufacturing and production Increased access to healthcare services and government assistance
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