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What are the main sources of income for the Midwest?

The Midwest's economy is primarily supported by agriculture, manufacturing, and services. Agriculture plays a significant role, with crops like corn and soybeans being major outputs. Manufacturing, particularly in industries such as automotive and machinery, also contributes significantly to the region's income. Additionally, the service sector, including healthcare and education, has been growing and provides a crucial source of employment and income.


Which of these industries has not been considered a natural monopoly in the past 30 years?

Phone service


Does the number of manufacturing firms far exeeds the number of service firms?

The number of people employed in the United States in the manufacturing of goods has been declining for decades. Two of the biggest reasons for the loss of manufacturing jobs has been the outsourcing of work to low wage countries and the increased use of robots to perform tasks previously done by humans. According to the Bureau of Labor Statistics only one in six of all employees in the private sector are employed in manufacturing. The United States has gradually become a service oriented economy and thus the number of service firms greatly exceed the number of manufacturing firms.


What are the positive effects of globalization on Indian industries?

There are a number of positive effects of globalization on Indian industries. There is increased market demand, more jobs have been created and more production is achieved among others.


Reason for decline in manufacturing in UK?

thier has been a shortage of costs answered by habib siddique bolton sharples yr10

Related Questions

Which region historically relied most on a large population for manufacturing industries?

The region that historically relied most on a large population for manufacturing industries is East Asia. Countries like China, Japan, and South Korea have been known for their vast workforce that supported the growth of manufacturing sectors, such as electronics, automotive, and textile industries. The availability of labor at lower wages has been a significant factor in attracting manufacturing firms to this region.


What are the China main industries?

China has a variety of main industries. Some of these include iron, steel, automobiles, oil, information technology, as well as garments and textiles.


How long has Kawasaki been around?

The Motorcycle & Engine division of Kawasaki Heavy Industries started manufacturing different motorcycle models since 1954.


What are the four corner cities of the American manufacturing belt?

The four corner cities of the American manufacturing belt are Boston, Massachusetts; Baltimore, Maryland; St. Louis, Missouri; and Milwaukee, Wisconsin. This region historically has been known for its concentration of manufacturing industries and factories.


What are the major industries of the Netherlands?

In the Netherlands one of the largest industries is in metal. Dutch industries has been able to redevelop commerical aircraft and automobile manufacturing has been expanded;also constructing metal buildings in the world. Most of the industry was wiped out after WW2,but they have brought it back. Agriculture is forever expanding in the netherlands-thus the food, beverage and tobbaco industries are growing all the time. The government is now also encouraging developement in;aerospace,microelectronics and biotechnology.


Why does my vape stay firing?

The switch on your battery is faulty which may have been caused by damage from dropping or through a leaking tank but it could just be a problem with cheap manufacturing.


What introduction of drug addiction?

There was no introduction. Addiction has been around sine the beginning of time.


Why were so many soldiers killed on the western front?

Many soldiers killed on the Western Front of WWI because of the introduction of chemical gas and tank warfare. This happened due to the initial stalemate that had been caused by trench warfare.


What recent announcement had been made by the government of Bhutan in regard to tax holidays?

Regarding the up coming manufacturing industries, there is tax relief given by govt. for 3 to 7 years from its commencement of the business. GCBS V Sem.


What are some examples of quality management plans that have been successfully implemented in various industries?

Some examples of successful quality management plans implemented in various industries include Six Sigma in manufacturing, Total Quality Management (TQM) in service industries, Lean management in healthcare, and ISO 9001 certification in the automotive industry. These plans focus on improving processes, reducing errors, and enhancing customer satisfaction.


How are the united states and canada alike in terms of farming and manufacturing?

Agriculture has long been the life force of the United States and Canada economy. Although manufacturing employs more people than agriculture in some parts of these two countries today, many urban industries rely on the region's farms and ranches for the raw materials they process.


How do industries contribute in the progress of society?

industries are vital for the progress of a country. The job opportunities offered by industries are plenty. Had it not been for the industries, half of the presently employed population would have been unemployed. Apart from this industries also provide the country with much needed foreign exchange in the form of exports.