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If a company in Europe purchases more machines that will reduce the amount of workers needed and improve output, thus reducing the price of their product, they will place themselves in a market advantage. If a company in the U.S. doesn't follow in their footsteps then they could be forced out of business...
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doesn't follow in their footsteps then they could be forced out of business. In this case the company is forced into buying the machines just so they can stay in business. This has a negative effect on the employees who will be replaced by the new machines. When a city wants to attract tourists by building better roads to lessen traffic there is a mistake because this will only create more traffic since there will be more people wanting to travel these roads...
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