Answer to Question #101346 in Economics of Enterprise for Breona

Question #101346
What unintended consequences might result from the decision of a government to invest heavily in automation?
1
Expert's answer
2020-01-17T05:50:40-0500

If the government invest heavily in automation, a rise in taxes may result due to high cost of automation. It may also result in high unemployment rate because the unskilled labor is laid off.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS