Between 1980 and 2011 income inequality in the United States

Between 1980 and 2011, income inequality in the United States has increased in part due to rapid technological change. How does technological change contribute to income inequality?

Solution

The technology contributes to income inequality in the United States because manpower has been taken over by high use of technology. It is visible that ther ehas been immense change in the salary structure of people. There has been more use of technology than manpower. It has reduced the wages of the employees.