Many Manufacturers Have Relocated to the South Because

question 34

Multiple Choice

Many manufacturers have relocated to the South because

• A)lower-cost labor is plentiful there and unions are less prevalent.
• B)there are many high-tech companies in the North.
• C)the top computer science schools in the nation are located there.
• D)there is an abundance of surplus labor.

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Definitions:

Hour Worked

A measure of the amount of time spent performing tasks or duties for an employer during a specified period.

Goods

Tangible products or commodities that can be bought, sold, or traded and are typically used to satisfy wants or needs.

Buying and Selling

Refers to the basic economic activities involving the exchange of goods or services for money between buyers and sellers.

Services

are intangible products such as healthcare, education, and financial advice that fulfill consumer needs and wants without resulting in the ownership of physical goods.