The Primary Factor for the Loss in Manufacturing Employment in Developed

question 3

Multiple Choice

The primary factor for the loss in manufacturing employment in developed nations is

• A) Trade
• B) Investment
• C) Productivity growth
• D) Outsourcing

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Definitions:

Scarce Resources

Goods that are limited in availability and cannot meet all the demands of the consumers.

Total Income

The summation of all earnings or revenue generated by an individual or entity, before any deductions or taxes.

Income Share

The proportion of total national or group income that is received by individuals, households, or classes of income earners.