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Industrial Growth and Location Changed While Manufacturing Employment Rose in the Sun

question 11

True/False

Industrial growth and location changed while manufacturing employment rose in the Sun Belt and fell in the Frost Belt.This growth and relocation were primarily due to the relocation of plants,functions and people moving from the Frost Belt to the Sun Belt.


Definitions:

Economic Decisions

Choices made by individuals, households, or governments regarding allocation of resources and distribution of goods and services.

Excess Burden

The cost to society created by market inefficiency, which can occur through such things as government intervention in the market or taxes that distort market outcomes.

Tax Revenue

The money collected by a government from its citizens and businesses through various forms of taxation.

Property Tax

A levy on property that the owner is required to pay, often based on the value of the property.

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