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Economic Institute -Mark Lost His Job When the Local Factory Closed, So

Question 43

Multiple Choice

Economic Institute
-Mark lost his job when the local factory closed, so he decided to go to college and pursue a career in the service industry. What is the term for when an economy changes from a focus on manufacturing to a focus on services?


A) Industrialization
B) Globalization
C) Displacement
D) Deindustrialization
E) None of the above

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