Which of the Following Is a Correct Statement About Deindustrialization

question 18

Multiple Choice

Which of the following is a correct statement about deindustrialization in the United States?

• A) Most job loss in manufacturing has been due to changes in productivity.
• B) Most job loss in manufacturing has been due to competition from other countries.
• C) Most job loss in manufacturing has been due to changes in the legal structure of trade.
• D) Most job loss in manufacturing has been due to unfair trade practices.

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Definitions:

Credit Costs

The expenses associated with borrowing money, including interest rates and fees.

Truth in Lending Act

A federal law designed to promote informed use of consumer credit by requiring disclosures about its terms and cost.

Accurate Information

Data or details that are precise, correct, and free from error.

Competence

The ability or capacity to do something effectively, often referring to the requisite skills, knowledge, and experience needed to perform tasks successfully.