Apply the goals of the U.S. economic system to the following statements and determine which describes economic restructuring.
A) A decline in employment opportunities for manufacturing jobs
B) A rise in entry-level jobs aimed at lower-skilled workers
C) A rising skills match between low and highly trained employees
D) A growing rate of high-level positions for skilled workers

Question

Quizplus · Accepted Answer

Economic restructuring refers to changes in the economy that lead to shifts in employment patterns, such as a decline in certain types of jobs due to technological advancements, globalization, or other factors. A decline in manufacturing jobs is a classic example of economic restructuring, where traditional industries shrink or evolve, leading to changes in the job market.

Apply the Goals of the U