Which of the Following Does Luddite Reasoning Get Correct

question 14

Multiple Choice

Which of the following does Luddite reasoning get correct?

• A) Historically, the demand for labor has actually increased as technology has advanced.
• B) Labor is necessary for building and maintaining machines, and so increased demand for machines increases the demand for labor.
• C) New technology tends to raise total output, leading to an increase in the demand for labor.
• D) New technology frequently causes some specialized labor skills to become obsolete.

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Definitions:

Negotiation

The transfer of an instrument in such form that the transferee becomes a holder.

Written Form

Refers to the requirement for certain agreements or documents to be in writing in order to be legally enforceable or valid.

Accepted

Accepted in legal and commercial contexts refers to the express or implied agreement to the terms of an offer, thereby creating a binding contract.

Instantaneous Forms

Documents or agreements that become effective immediately upon execution or fulfillment of certain conditions.