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C.5. Larger Precedence for Conventional Job-Creating Elements: Over time, we have now discovered that sure societal factors and forces create new jobs, such as know-how innovation, entrepreneurship, and secure social environments. Though these forces may not be capable of completing compensating for technological unemployment, they could help stall and mitigate the severity of such unemployment. Insurance policies equivalent to supporting analysis and development, providing further financing and lowering regulatory burdens on small enterprise entrepreneurs, rising international commerce, and promoting stable household environments ought to subsequently be given larger precedence in this time of doubtless runaway unemployment (Baker and Hassett 2012; Spence and Hlatshwayo 2011). Universities are centers of innovation and entrepreneurial begin-up firms, all of which generate top quality jobs, and therefore also needs to be a priority for funding (Florida 2013).

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