How Could the Government Best Help Workers Displaced by Automation

question 63

Multiple Choice

How could the government best help workers displaced by automation?

• A) Training for new jobs could be offered.
• B) Welfare programs could be expanded.
• C) Workers could be relocated to other countries.
• D) Large tax breaks could be offered to companies to keep workers.

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Definitions:

Location Decision

The process of selecting a geographical location for a company’s operations, facilities, or investments, considering factors such as cost, accessibility, and legal requirements.

Linear Programming

A mathematical method used to find the best possible outcome or solution from a given set of parameters or list of requirements, subject to certain constraints.

Shipping Amounts

The total quantities or volumes of goods transported or dispatched from one location to another via various modes of transportation.

Cost Certainty

The assurance that the costs associated with producing or delivering a product will not significantly vary, enabling better budgeting and pricing strategies.