Calculating Productivity Gains
An early invention in textile manufacturing allowed one worker to produce the same amount of output as 8 traditional artisans. A subsequent, more advanced invention allowed a team of three workers to produce the same amount of output as 1,200 traditional artisans. By what factor did the labor productivity per worker increase from the first invention to the second? Show your work.
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CORE Econ
Ch.2 User-centered design process - User Experience Design - Winter 23 @ UI Design in UI @ University of Michigan - Ann Arbor
UI Design in UI @ University of Michigan - Ann Arbor
User Experience Design - Winter 23 @ UI Design in UI @ University of Michigan - Ann Arbor
UI @ University of Michigan - Ann Arbor
User Experience Design @ UI Design in UI @ University of Michigan - Ann Arbor
University of Michigan - Ann Arbor
Introduction to Microeconomics Course
The Economy 2.0 Microeconomics @ CORE Econ
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An early textile-making machine enabled a single worker to match the output of eight traditional craftspeople. A subsequent, more complex machine allowed a small team of operators to replace the output of over 1,000 craftspeople. Based on this information, what is the most significant economic consequence of this specific technological leap?
Calculating Productivity Gains
Analyzing Technological Disruption
The transition from an early mechanical spinning device, which allowed one worker to do the work of eight, to a later, more advanced machine that enabled a small team to replace over 1,000 workers, is best characterized as a steady and incremental increase in labor productivity.
Evaluating the Scale of Technological Change
Interpreting the Rate of Productivity Growth
Match each description of a technological stage in textile manufacturing with its corresponding impact on labor productivity.
Arrange the following stages of textile production in chronological order, from the lowest to the highest level of labor productivity.
An early textile machine allowed one worker to produce the output of eight traditional artisans. A later, more advanced machine allowed a small team of operators to replace over 1,000 artisans. This technological progression illustrates a(n) __________ increase in labor productivity, distinguishing it from a simple, steady improvement.
A textile factory owner in the late 18th century invested heavily in an early machine that allowed one worker to produce the output of eight traditional spinners. A few years later, a new machine became available that allowed a small team to replace the output of over 1,000 spinners. Given the dramatic difference in productivity, what was the most significant strategic challenge this new technology posed to the owner of the factory with the older machines?