Answer:
Technological unemployment occurs when developments in technology and working practices cause some workers to lose their jobs.
Technological unemployment is considered to be part of a wider concept known as structural unemployment.
Technological change doesn’t have to increase overall unemployment, even though some types of workers may temporarily lose their jobs.
technological change means we can produce food with fewer workers. Therefore, it is cheaper to produce food and the price of food should fall.
This means that people can spend a smaller percentage of their income on buying food. Therefore, people have more money to spend on other goods and services.
This increased demand for manufactured goods causes higher demand, and therefore there will be a higher demand for workers.
Technological innovation merely changes the types of jobs that occur in the economy. If labour productivity increases, we can enjoy a greater range of goods and services.
hope it helps you lodss :)
