Explain technological changes in the fast food industry


Assignment:

Then answer the following questions:

1. According to the film, what is the problem with "The System", i.e. government aid via unemployment or welfare? Use the phrase "income redistribution" in your explanation.

2. Describe how the internet has affected the quantity and prevalence of physical stores, and further, employment opportunities in this industry. Who might benefit from this, and who might suffer from this?

3. Explain how technological changes in the fast food industry are expected to affect employment opportunities in the future. What type of unemployment might this align with and why?

4. At the beginning of, you can view "The Economic Toolbox". Use at least two terms or concepts contained within the toolboox and relate them to the film.

5. After completing the film, what are your own thoughts about the future of unemployment, in the U.S. specifically? Do you foresee any macroeconomic issues? Why or why not?

The paper should be typed, double-spaced in 12-point font, and range from 2 to 3 pages. Please number your answers; no intro paragraph is necessary. Be sure to address each question thoroughly and use specifics from the film.

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Microeconomics: Explain technological changes in the fast food industry
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