2 ms·
The pace of productivity increases in manufacturing is increasing faster than pace of increase in demand. This is similar to what was happing in agriculture aro
by mpalczewski 4y ago
The pace of productivity increases in manufacturing is increasing faster than pace of increase in demand. This is similar to what was happing in agriculture around 1900-1930 or so when 90% of the country farmed. When/if manufacturing comes back it will be much more automated, it will be much less labor intensive.