Answer to Question #67455 in Economics of Enterprise for Mutturaj

Question #67455

Every product in current market is indulge with lot of Technology.We hear that companies are firing a employees.Not because of they are skilled but implementation of robotics, upgraded technology.We know that technology made a stuffs ideal. Due to this unemployment may increases in following days. If there is an unemployment means most of the people not affordable to buy a things in market (because,they don't have money to buy). In this situation,what kind of solution may companies to take?

Expert's answer

Providing training programs to the structurally unemployed, inducing prospective workers to continue or resume their education.