Tens of thousands of workers in the electronics industry were laid off in the early 1980s.This fact illustrates
A)inevitable job displacement from the use of high technology.
B)resistance of the workers to retraining.
C)the need for job upgrading.
D)the accelerated boom-and-bust cycle of high technology.
E)the low level of demand for electronics equipment.

Question

Quizplus · Accepted Answer

The fact that tens of thousands of workers in the electronics industry were laid off in the early 1980s indicates the accelerated boom-and-bust cycle of high technology, where technological advancements can quickly render certain job positions obsolete, leading to mass layoffs.

Tens of Thousands of Workers in the Electronics Industry Were