One of the Main Reasons That Unskilled Manufacturing Jobs Are

question 12

True/False

One of the main reasons that unskilled manufacturing jobs are declining at a rapid rate is because 3-D digital production techniques are allowing products to be built layer upon layer, rather than through raw materials being bashed, bent or removed to produce the same result.

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Definitions:

Payback Period

The length of time it takes for an investment to recover its initial expenditure from the cash inflows that it generates.

After-Tax Discount Rate

The rate used to discount future cash flows to their present value, adjusted for the impact of taxes.

Income Tax Rate

The percentage of taxable income that individuals or corporations are required to pay to the government.

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity and operational efficiency.