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Machines can lead to job loss primarily by automating tasks that were previously performed by humans, increasing efficiency and reducing labor costs for businesses. As technology advances, companies often opt for machines that can perform repetitive or hazardous tasks more reliably and at a lower expense than human workers. This shift can result in significant workforce reductions, particularly in industries that rely heavily on manual labor or routine operations. Additionally, the skills required for new technology may not align with the existing workforce, further exacerbating job displacement.
What else can I help you with?
How did workers react to increasing in technology?
In the early days of the industrial revolution, some people sabotaged automated machines, because they were afraid they were going to lose their jobs.
Why do people lose jobs because of the economy?
Because there is not enough money to support all of the people working there so the people lose their jobs.
What was the impact of industrialization and urbanization on late 19th century family life?
the impact industrilization had on parents would be the same impact it had on everyone....people started to lose their jobs to machines and their was not enough jobs from people
Should people lose their jobs to help the environment?
Some people believe that it is necessary for others to lose their jobs to help the environment. For instance, closing a nuclear power plant to help the environment might cause the loss of hundreds of jobs. Unfortunately, it is bad for the environment and for society when people are not able to care for their families too.
How does migration affect people and communities in Canada and the world?
Migration affects people all over the world because it causes a decrease or an increase of people in a certain area. If people find out that there are more good jobs somewhere, they will probably move there. This will cause a decrease to a certain country, but an increase to this country. More machines are also starting to replace people for doing jobs in factories to farms, which makes more workers lose their jobs. These fired workers may move somewhere else to get another job.
How many people lost their jobs cause of the stock market crash?
People do not lose their jobs because the stock market crashes. People lose their jobs when a company does poorly due to low sales, lack of product innovation, poor management, and/or lack of financing. People lose their jobs when the economy enters a recession and demand for goods and services drops which leads companies to lay off workers. Job losses are not directly caused by stock market crashes but rather are symptomatic of severe recessions or major macroeconomic shocks.
Did people lose their jobs in world war 1?
yes
How did people lose their jobs?
for the lack of money to hire people companies started droping people
Did the US Civil War cause any people to lose their jobs or businesses?
Yes, during the Civil War many people were unemployed or lost their businesses. The cost and devastation of this war affected a great many people.
Does increased technology mean increased unemployment?
technology affect unemployment because the more technologies there is the less jobs. For example, if people made more robots than the robot will take over the jobs in car productions. Therefore reasulting to unemployment in a country.
Do people lose their jobs because they are illegal immigrants?
No I dont think so
What will happen to insurance companies if obamas health care plan gets passed?
Over 2 million people will lose their jobs and that will cause the economy to tip and gas prices will skyrocket.
