Kiera Ziegler, Chapter 6, Question 7

This chapter corrected a misconseption that I previously had about jobs. Previous to this chapter I believe that inorder for me to be emplyed someone else will have to work less or be unemployed. I believed that there were limited jobs and the number of jobs available didn't change; I was wrong. This chapter illuminated why this was a flawed way of thinking. Over the years more and more jobs have been created as more and more people enter the work force and unemployment numbers have stayed generally pretty low. If there were a fixed number of jobs this would not be possible. As people invent new goods and find faster more effecient ways to create goods more jobs are created. People will lose jobs with others coming in to the work force with more knowledge but this only boosts the economy. Those people are forced to find another job or further thier education. When individuals further their education they are making a good investment and benefiting the economy. More jobs are created then lost with innovation.