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Many foreign countries (Asia as one example) produce textiles and many other products much cheaper than the US, or many western countries can compete. This is mainly due to the very low wages that the workers are paid, and the low running costs of running a factory.
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Which group is most negatively impacted by companies that re-locate to developing countries?
U.S. workers who lose their jobs
How do different countries interact economically?
They interreact from trad and might benefit from it but a affect is that people lose there jobs because of trade.
Which of the following describes one of the major drawbacks of free trade between countries?
Answer this question… Workers may lose their jobs if their employer decides to relocate to a country with cheaper labor
What does cost heads mean?
Referring to a big mistake and people may lose jobs over it.
Why do people involve in illegal jobs because of poverty?
Chances are they because they are in poverty they feel they have nothing to lose. :(
What types of jobs in the sales market are safe from companies outsourcing them to foreign countries?
Most estimates of U.S. jobs lost come from consulting companies or ... U.S. employers to move jobs overseas, and require other countries to meet ... While some workers will lose jobs because of outsourcing and other forms of foreign ... new jobs and adjust to the shifting labor market via expanded
Why does the US textile industry lose jobs to foreign countries?
Labor intensive production is cheaper to do in countries with lower pay rates. In the US, there's a minimum wage, other places there isn't.Some other textile tasks, like dyeing(which is often toxic), is cheaper to do in places with less environmental restrictions.Cheap imports can force U.S. companies out of business.Foreign countries often accept lower salaries and poorer working conditions, meaning stuff can be made cheaper there.
Some countries are reluctant to have contact with other countries. What do these countries lose by limiting contact with other countries?
by providing them with foreign aid.
Why does the US textile industry lose jobs the foreign countries?
Labor intensive production is cheaper to do in countries with lower pay rates. In the US, there's a minimum wage, other places there isn't.Some other textile tasks, like dyeing(which is often toxic), is cheaper to do in places with less environmental restrictions.Cheap imports can force U.S. companies out of business.Foreign countries often accept lower salaries and poorer working conditions, meaning stuff can be made cheaper there.
Why does the US lose jobs to the textile industry?
Labor intensive production is cheaper to do in countries with lower pay rates. In the US, there's a minimum wage, other places there isn't.Some other textile tasks, like dyeing(which is often toxic), is cheaper to do in places with less environmental restrictions.Cheap imports can force U.S. companies out of business.Foreign countries often accept lower salaries and poorer working conditions, meaning stuff can be made cheaper there.
Which group is most negatively impacted by companies that re-locate to developing countries?
U.S. workers who lose their jobs
Which group is most negatively impacted by companies that re locate to developing countries?
U.S. workers who lose their jobs
How do different countries interact economically?
They interreact from trad and might benefit from it but a affect is that people lose there jobs because of trade.
Why did women lose their jobs after the war?
The jobs were given to returning servicemen .
Why do people lose jobs because of the economy?
Because there is not enough money to support all of the people working there so the people lose their jobs.
Will the medical field lose job's during a depression?
Probably not. They might lose some jobs but the medical field will still have jobs and work.
Why did Thomas Jefferson's foreign policy cause him to lose popularity in the United States?
Thomas Jefferson's attempted solution, an embargo upon American shipping, worked badly and was unpopular
