3. What's an impact of automation? A. Greater economic equality B. Higher tariffs C. Lost jobs D. Reduced taxes
Question
3. What's an impact of automation?
A. Greater economic equality
B. Higher tariffs
C. Lost jobs
D. Reduced taxes
Solution
The impact of automation can be seen in various aspects of society. However, looking at the options provided:
A. Greater economic equality - This is not necessarily true. While automation can lead to increased productivity and efficiency, it does not guarantee greater economic equality. In fact, it could potentially lead to greater inequality if the benefits of automation are not distributed evenly.
B. Higher tariffs - Tariffs are taxes or duties to be paid on a particular class of imports or exports. They are not directly related to automation.
C. Lost jobs - This is a significant impact of automation. As machines and technology continue to advance, they can potentially replace human workers, leading to job losses.
D. Reduced taxes - Automation does not directly lead to reduced taxes. Tax rates are determined by government policy and are not directly influenced by the level of automation in a country.
So, the most accurate answer would be C. Lost jobs.
Similar Questions
Automation advancements are likely to result in reduction in the workforce and higher unemployment.Question 8Select one:a.Trueb.False
Exit Ticket: Explain the impact of the Industrial Revolution on America in at least 3 sentences.
Among the key industries that were affected by industrialization was the ________ industry.
conomic Engine: How did improved transportation during the Industrial Revolution impact factors like production, trade, and market reach for manufactured goods
One negative consequence of using automation to improve manufacturing production is that:
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.