Warning: Use of undefined constant referer - assumed 'referer' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 102

Warning: Use of undefined constant host - assumed 'host' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 105

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 106

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 109
Advances In Technology And Economics - Term Papers

Advances In Technology And Economics



The microeconomic picture of the U.S. has changed immensely since 1973, and the
trends are proving to be consistently downward for the nation's high school
graduates and high school drop-outs. �Of all the reasons given for the wage
squeeze � international competition, technology, deregulation, the decline of
unions and defense cuts � technology is probably the most critical. It has
favored the educated and the skilled,� says M. B. Zuckerman, editor-in-chief of
U.S. News & World Report (7/31/95). Since 1973, wages adjusted for inflation
have declined by about a quarter for high school dropouts, by a sixth for high
school graduates, and by about 7% for those with some college education. ...

Want to read the rest of this paper?
Join Essayworld today to view this entire essay
and over 50,000 other term papers

of
Welfare Reform Network.

In view of these facts, I wonder if these trends are good or bad for society. �
The danger of the information age is that while in the short run it may be
cheaper to replace workers with technology, in the long run it is potentially
self-destructive because there will not be enough purchasing power to grow the
economy,� M. B. Zuckerman. My feeling is that the trend from unskilled labor to
highly technical, skilled labor is a good one! But, political action must be
taken to ensure that this societal evolution is beneficial to all of us. �Back
in 1970, a high school diploma could still be a ticket to the middle income
bracket, a nice car in the driveway and a house in the suburbs. Today all it
gets is a clunker parked on the street, and a dingy apartment in a low rent
building,� says Time Magazine (Jan 30, 1995 issue).

However, in 1970, our government provided our children with a free education,
allowing the vast majority of our population to earn ...

Get instant access to over 50,000 essays.
Write better papers. Get better grades.


Already a member? Login


CITE THIS PAGE:

Advances In Technology And Economics. (2006, March 18). Retrieved November 30, 2024, from http://www.essayworld.com/essays/Advances-In-Technology-And-Economics/42963
"Advances In Technology And Economics." Essayworld.com. Essayworld.com, 18 Mar. 2006. Web. 30 Nov. 2024. <http://www.essayworld.com/essays/Advances-In-Technology-And-Economics/42963>
"Advances In Technology And Economics." Essayworld.com. March 18, 2006. Accessed November 30, 2024. http://www.essayworld.com/essays/Advances-In-Technology-And-Economics/42963.
"Advances In Technology And Economics." Essayworld.com. March 18, 2006. Accessed November 30, 2024. http://www.essayworld.com/essays/Advances-In-Technology-And-Economics/42963.
JOIN NOW
Join today and get instant access to this and 50,000+ other essays


PAPER DETAILS
Added: 3/18/2006 09:19:55 PM
Category: Economics
Type: Free Paper
Words: 1224
Pages: 5

Save | Report

SHARE THIS PAPER

SAVED ESSAYS
Save and find your favorite essays easier

SIMILAR ESSAYS
Technology And The Future Of Wo...
Technology And The Future Of W
Death And Bereavement
Essay on Information Technology...
Effects Of World War II On Japa...
Women In Corporate America
Comparing the M-16 and AK-47
Importance Of Higher Education
Australia And Asia Relationshi
China's Joining The World Trade...
Copyright | Cancel | Contact Us

Copyright © 2024 Essayworld. All rights reserved