Word: reabsorbs
(lookup in dictionary)
(lookup stats)
Dates: during 1933-1933
Sort By: most recent first
(reverse)
...Another point they are considering is whether our economic system as now constituted can reabsorb the laborers thrown out of work by this change. In the past we have always been able to reabsorb all our labor, so we may think that we can continue to do so, but we must not lose track of the fact that the economic system of today is far more inelastic than that of the past century. Technological unemployment can not be passed lightly over, for it is a question that is becoming more and more apparent daily...