Which of the Following Best Explains the Shift from Manufacturing

question 21

Multiple Choice

Which of the following best explains the shift from manufacturing to service jobs in the U.S.?

• A) creation of integrated supply chains
• B) firms producing their own raw materials
• C) global environmental concerns and legislation
• D) Web-based training programs for blue-collar workers
• E) work-centric tendencies of "Generation Y" employees

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Definitions:

Local Governments

Subnational administrative bodies responsible for the governance of areas smaller than a state or province, often managing local services and policies.

Tax Reform Act

Legislation aimed at altering the tax system, typically involving changes in tax rates, tax policies, and tax revenue allocations.

Kemp-Roth Tax Cut

A significant federal tax reduction in the United States passed in 1981 aimed at stimulating economic growth through lower individual income tax rates.

Corporate Income Tax

Taxes levied on the profits earned by corporations, which vary by country and influence companies' financial strategies.