In Some Labor-Intensive Industries,a Business Can Achieve a Cost Advantage,at

question 52

True/False

In some labor-intensive industries,a business can achieve a cost advantage,at least in the short term,by gaining access to inexpensive labor.

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Definitions:

Ordinary Americans

A term referring to the general public or the average citizens of the United States without reference to any elite or special groups.

Commonwealth

A political association of sovereign states, often former territories of the British Empire, which cooperates on mutual interests and values such as democracy and human rights.

Puerto Rico

An unincorporated territory of the United States located in the Caribbean Sea, with a distinct culture that blends indigenous, African, and Spanish influences, and has a complex relationship with mainland U.S.

New Immigrants

Refers to the wave of immigrants coming primarily from Southern and Eastern Europe to the United States between the 1880s and 1920s, distinguishing them from earlier waves of immigration.