Question

When industry utilizes new technology it generally leads to

Answer 1

Answer:

The answer is: Improvements for goods producers and customers, and worsening for the workforce by reducing jobs.

Explanation:

When the industry uses new technology, it produces the following:

From the point of view of producers of goods and service providers, technologies are an indispensable means of obtaining income.

From the point of view of consumers, technologies allow them to obtain better goods and services, sometimes cheaper than the equivalents of the past.

From the point of view of workers, technologies have reduced jobs by increasingly replacing operators with machines.

The answer is: Improvements for goods producers and customers, and worsening for the workforce by reducing jobs.

Answer 2

More innovation, greater yields, more creativity, more revenue for that industry, etc.