Final answer:
Technology and specialization after the opening of the Ford Plant have significantly enhanced productivity and efficiency, changed the nature of work, and spurred economic growth. Instead of increased unemployment, these advancements often led to the creation of new job sectors.
Step-by-step explanation:
The technological advancements and specialization after the opening of the Ford Plant have enhanced productivity and efficiency in various sectors of society and the economy. The implementation of technology in industry has shifted the focus from agriculture, with inventions like the steam engine and mechanized agricultural tools revolutionizing production processes. Consequently, urban populations grew as rural workers moved to cities for manufacturing jobs. Despite fears of potential job loss due to technology, many unions have recognized that new technologies can lead to increased productivity and have supported their introduction.
Moreover, technological progress and the rise of human capital, characterized by a higher education level among workers, have bolstered economies at the national level. The United States, for instance, experienced tremendous growth in the twentieth century as its population more than tripled, and the presence of technology in everyday life transitioned to an information economy. This shift to technology and specialized machinery has not led to increased unemployment; rather, it has often changed the nature of work and created new types of jobs, particularly in the service and technology sectors.