Rapid technological change,globalization,and increased competition from the manufactured exports of emerging market economies are causing which of the following in the United States?

Question

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Rapid technological change, globalization, and increased competition are causing firm downsizing in the United States. Companies are seeking to cut costs and increase efficiency in order to remain competitive. This has led to job losses and a lack of job security for many workers. While some industries and regions may see an increase in employment or wages, overall the trend has been toward downsizing and job insecurity.

Rapid Technological Change,globalization,and Increased Competition from the Manufactured Exports of Emerging