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Unformatted text preview: now! 7. It is structural unemployment and/or cyclical unemployment and example is computer and electronic products. 8. Retail trade because most retail trade can be done online now without a middleman. 9. Attached. 10. That there is a change and shift in the economy and it goes in a circle. 11. The person could have been promoted and human capital has increased. 12. Workfare does this by getting workers in a specific sector preparing them for the future. 13. Unemployment would be addressed first because it is increasing and the potential workers need to be prepared to work. 14. Poverty because the more poverty there is, the more social instability there is. There has to be the middle class otherwise the rich and poor would clash. In other words, there needs to be something in between the rich and poor to avoid this inevitable conflict of classes....
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This note was uploaded on 04/06/2011 for the course US 1 taught by Professor Young during the Fall '07 term at UCSD.
- Fall '07