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Published byBritney Todd Modified over 8 years ago
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Global Economy
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Expanding Service Sector Service Sector- part of the economy that provides services to the consumer Fast food Retail Janitorial Most of these jobs are part time or temporary
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Temporary Workers Temp workers lead to downsizing, reduce staff and streamline operations. People were now working as freelance workers without benefits
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Young Workers In the 90’s 3 out of 4 young people expected to make less than their parents In 1993 about 1 in 7 workers between ages 16-25 lacked a job.
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Farms and Factories Farms and Factories took a big hit during the 90’s Jobs like steelmaking and auto building had automated machines building most of the materials. This caused a decline in workers needed to be successful. Union membership dropped drastically in the 90’s More money more security Less money scared to go on strike and lose job.
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High Tech Jobs In the mid 90’s more people were working high tech jobs. These jobs paid as well if not better than those that worked in factories before. Employers wanted workers who knew computers and technology.
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Global Economy International trade- leads to fear of job flight or jobs being taken to other countries that allow for cheaper labor. International competition- fear of businesses taking advantage of countries who have less strict laws on production factories.
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Technology
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The Information Superhighway A proposed computer communication network linking people and institutions across the nation and the world. Internet- developed by the department of defense for research. By 1996 24 million North Americans were using email. Al Gore
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Telecommunications Act of 1996 Allows for communications companies to provide their service to all areas of the nation. The FCC (Federal Communication Commission) passed the Communications Decency act which prohibits certain things from being shared on the internet. V-Chip in TVs so parents can restrict what their children can watch.
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Technology Enriches Lives Healthcare MRI, prosthetics, and medicine Genetic Engineering Changing the genetic makeup of organisms. Entertainment Videogames, CD-ROMS, and virtual reality
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Technology Enriches Lives Education Computers are used to link students to other students and internet info. Transportation Safer cars, airbags and seatbelts, GPS to get to places faster and easier Space Exploration Hubble Telescope takes photos of galaxies and stars.
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Progress on the Environment Recycling Started recycling all kinds of materials Cleaner Cars Produce cars that run on batteries or clean energy. Alternative Energy Sources Move from fossil fuels to nuclear, wind, and solar.
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