Explain How a Technological Advancement in One Sector of the Economy

question 129

Essay

Explain how a technological advancement in one sector of the economy can lead to a change in the number of people who work in another sector of the economy.Give an example to help support your answer.

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Definitions:

Groupthink

A phenomenon within groups where the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Prejudice

A preconceived opinion or judgment about someone or something that is not based on reason or actual experience, often manifesting as bias or discrimination.

Self-Esteem

A person's overall subjective emotional evaluation of their own worth.

Stanley Milgram

A psychologist best known for his controversial experiment on obedience conducted in the 1960s, demonstrating people's willingness to follow orders from an authority figure.