passwella.
Menu

WAEC Economics 2000 Question 42

Question 42

Labour Market

Unemployment that arises because of introduction of new machines and equipment in production is called

  1. A.cyclical
  2. B.structural
  3. C.seasonal
  4. D.disguised.
Show the answer and explanation

Answer: B (structural)

Explanation

Workers replaced by new technology lose jobs because the structure of production has changed: structural (technological) unemployment.