China's Foreign Direct Investment in the U

question 38

True/False

China's foreign direct investment in the U.S.has led to the creation of many American jobs.This is an example of insourcing.

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Definitions:

Major Industries

Key sectors of the economy which are significant in terms of their output, employment, or revenue generation.

Private Ownership

refers to properties or businesses owned by individuals or corporations rather than by the government or the public sector.

Private Sector

The part of the economy that is run by individuals and companies for profit and is not controlled by the government.

Publicly-Owned Enterprises

Businesses that are owned by the government and operated for the benefit of the general public.