CPE Notes 02-11-08

CPE Notes 02-11-08 - CPE Notes February 11, 2008 (Review of...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
CPE Notes February 11, 2008 (Review of course up until this point) Markets are changing due to many reasons one of them being changes in technology. This replaces the old "Fordist" form of assembly line production by replacing human labor with artificial intelligence. This makes the production of goods cheaper, more efficient, and faster. This does many things like give you more control over the workforce and also gives you more control of inventory because it is more computerized and organized so there is no need for huge warehouses and storage areas. Basically you get things when you need them. This raises the question how will governments deal with the unemployment that will follow from these technological advances. These advances will only affect people in the manufacturing industry and will not increase unemployment overall. There will be more jobs created in other sectors and industries. The gap of income between skilled and non skilled workers is widening around
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/13/2008 for the course POLISCI 357 taught by Professor Kaufman during the Spring '08 term at Rutgers.

Page1 / 2

CPE Notes 02-11-08 - CPE Notes February 11, 2008 (Review of...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online