Technological Change and Local Economy

by David Novick


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A discussion of some of the technological changes that have already occurred as reflected in the national defense budget in an attempt to determine what these changes may mean to the economy and to forecast what must be done if future challenges are to be met successfully. The nuclear ages has brought changes in system requirements that have resulted in shifts in the composition of labor-force demands, in facilities requirements, and in the make-up of the industry. These changes have forced reorganizations both in government and industry to improve the management of new programs. Still other changes will be necessary as space-age requirements are more clearly defined.

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