The Increased Use of Robots, Combined with Rising Labor Costs

question 100

True/False

The increased use of robots, combined with rising labor costs in China, has led some U.S.businesses to return to manufacturing in the United States.

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Definitions:

Lower-Income Nations

Countries characterized by low levels of income per capital, limited industrialization, and relatively low standards of living and education.

Gender Inequality Index

A measure used to assess the disparities in achievements between women and men in three dimensions: reproductive health, empowerment, and the labor market.

Literacy

The ability to read and write at a level that enables individual participation in society, access to information, and continued learning.

Newly Industrializing Countries

Nations that are experiencing rapid economic growth and industrialization, often marked by a shift from agricultural-based to industrial and service-based economies.