Which of the following is a correct statement about deindustrialization in the United States?
A) Most job loss in manufacturing has been due to changes in productivity.
B) Most job loss in manufacturing has been due to competition from other countries.
C) Most job loss in manufacturing has been due to changes in the legal structure of trade.
D) Most job loss in manufacturing has been due to unfair trade practices.

Question

Quizplus · Accepted Answer

While competition from other countries has been a factor, the majority of job loss in manufacturing in the US has been due to increases in productivity and automation. This has led to companies being able to produce more goods with fewer workers. Changes in the legal structure of trade and unfair trade practices have also had an impact, but they are not the main drivers of deindustrialization in the US.

Which of the Following Is a Correct Statement About Deindustrialization