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The Loss of High-Wage Manufacturing Jobs, and Their Replacement with Low-Wage

Question 12

Multiple Choice

The loss of high-wage manufacturing jobs, and their replacement with low-wage jobs, part-time work, chronic unemployment, and a greater concentration of wealth for the few, is referred to as ________.


A) Third-Worldization
B) economic insecurity
C) race to the bottom
D) None of the above

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