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One Reason Given for the Decline in the Number of U.S.workers

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True/False

One reason given for the decline in the number of U.S.workers employed in manufacturing is that manufacturing firms in the U.S.have become more efficient.
Technology has allowed U.S.workers to be more productive,resulting in the need for fewer workers.Many American manufacturing firms have downsized because of this increased efficiency.

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Definitions:

Disability Insurance

A type of insurance that provides financial support to a person who is unable to work because of a disability.

Unemployment Insurance

A government-provided benefit offering temporary financial assistance to unemployed workers who meet certain eligibility requirements.

Mutual Fund

An investment vehicle that pools money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities.

Brokers

Individuals or firms that act as intermediaries between buyers and sellers in financial transactions, earning a commission for their services.

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