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App. B—Commissioned Background Papers

  • 135

Mitchell Hutchins Inc.

LONG THE

TERM:

A REPLAY OF

AGRICULTURAL

SECTOR

Today, 3. 8% of the U. S. work it was the dominant employment and makes the U.S. the leading

force is

sector. exporter

in agriculture,

a major change from yesteryear,

when

This 3.8% of food.

produces enough food to feed The decline of population in

this country the agricultural

sector occurred with the substitution of capital that, through automation, the percentage of the

for labor. work force

There are many people who believe in manufacturing will decline sig-

nificantly from the current 28.6%. 1-3% in the next century, there is

While we do not no doubt that the

necessarily believe the extreme number of U.S. work force employed in manufacturing

as we know it today will markedly decline over the next 25 years. electronics, software, and systems architecture including robots,

Through technology such as eventually the automated

factory will begin to be a reality.

July

31,

1981

Eli S.

Lustgarten

(312)

580-8213

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17

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