Volkswagen opened a large plant in Chattanooga,Tennessee,in 2011.Within a few years,VW spurred more than 12,400 direct and indirect jobs in the area.The carmaker generates income of over $600 million there annually and boosts state and local tax revenues by over $50 million a year.A huge expansion was announced in 2016 that would nearly double its operations in Tennessee.This example best illustrates a(n) ________ change that has impacted the people and businesses of Chattanooga.
A) social
B) regulatory
C) competitive
D) economic
E) technological
Correct Answer:
Verified
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