Write a scenario that would cause a shift in labor supply and demand. The following areas have had high job growth rates and can be used for your scenario: transportation, insurance, technology, and health industries.
2007-10-26 14:13:20 · 2 answers · asked by tricey7578 2 in Social Science ➔ Economics
the creation of the Internet increased the demand for programmers but also increased the supply by allowing jobs to be filled by foreign workers , especially in India.
2007-10-26 14:42:50 · answer #1 · answered by meg 7 · 0⤊ 0⤋
the internet decreased demand for Hollywood based entertainment distribution channels.
You can guess the rest of the story :)
The Dustbowl reduced the labor suply in the Midwest and moved it to California where farming increased, which led to increases in distribution of food across the Sierras and beyond to the rest of the US.
OK now you try one :)
2007-10-26 18:45:11 · answer #2 · answered by Barry C 6 · 0⤊ 0⤋