Capeland's workers made shoes by hand. This year, Capeland Shoe Company bought 100 computerized shoe-sewing machines. At the sam
e time, the government funded a shoe-making course at Capeland Community College. Why did it make economic sense for the government to fund the course?
The company needed trained workers. Technology can increase a country’s efficiency, but only if the workers are trained in how to put the technology to use
It made economic sense to the government to fund the shoemaking course because it did not want the fraternity of shoemakers to get diverted to other professions and create an imbalance in the economy merely due to the influence of mechanization in the shoemaking industry.
<u>Explanation:
</u>
An imbalance created in any given economy due to the introduction of new and improved technologies can downgrade the economy drastically.
When the employees lose their jobs, they also lose their capacity to spend on commodities along with that. When a large faction stops spending, it results in an economic slowdown.
Hence, it is necessary for the government to take necessary measures to avoid any such happenings.
How members of the lower house of Congress should be elected. -What should be done about the slave trade. -How the power of the executive branch be structured. -How the Constitution should be considered for ratification. -How the states should be represented in national legislature. -the national governments role in issuing paper money. -division of national and state powers. -extent of veto power. -which governmental body should have the power to declare war. -if slaves should be counted in determining representation in national legislature
