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Which sector of the economy will likely experience the slowest job growth?
The manufacturing sector is likely to experience the slowest job growth, primarily due to increased automation and advances in technology that reduce the need for human labor. Additionally, globalization has led to many manufacturing jobs moving overseas, further limiting domestic job opportunities. As companies continue to adopt more efficient processes, the demand for low-skilled labor in this sector is expected to decline.
Which kind of country tends to lose manufacturing jobs as a result of globalization?
Countries with higher labor costs and less competitive manufacturing sectors are more likely to lose manufacturing jobs due to globalization. As companies seek to reduce expenses, they often relocate production to countries with lower wages and operational costs. Additionally, countries that do not invest in innovation or advanced technologies may struggle to compete against nations that do, leading to further job losses in manufacturing.
Why is the most likely reason Ohio specializes in manufacturing transportation equipment?
Ohio's resources support manufacturing equipment
What business or industry is most likely to be found in a perfectly competitive market?
the adult film industry
Is service and quality likely to be better in an industry dominated by a monopoly or in a perfectly competitive industryWhy?
in a perfectly competitive industry
New shifts in global manufacturing capabilities allow companies to produce products at lower cost What is the likely effect of these shifts on North Carolina's textile industry?
North Carolina's industry has been forced to downsize.
What factors may diminish opportunities for workers in the laundry equipment industry?
Heightened campaigns for greater productivity, the likely movement of some manufacturing activities to Mexico, and continued management restructuring may diminish opportunities for workers in the industry
When your grandfather and his friends entered the work force in 1950 they were likely to have jobs in?
When your grandfather and his friends entered the workforce in 1950, they were likely to have jobs in manufacturing, construction, agriculture, or the service industry. This was a time when these sectors were booming and offered a wide range of employment opportunities for the workforce.
What was the outlook for the American cellulosic manmade fibers industry?
Despite manufacturer's efforts, the long-term industry outlook remained bleak. Producers in emerging industrial nations, such as China and Malaysia, would likely devour greater global market share.
Which sector of the economy will likely experience the slowest job growth?
The manufacturing sector is likely to experience the slowest job growth, primarily due to increased automation and advances in technology that reduce the need for human labor. Additionally, globalization has led to many manufacturing jobs moving overseas, further limiting domestic job opportunities. As companies continue to adopt more efficient processes, the demand for low-skilled labor in this sector is expected to decline.
What us group would be most likely to be injured by free trade?
any industry that is in the manufacturing sector, specifically those that can be undercut by a polical system with no backbone to enforce laws enforcing "fair" free trade.
Which kind of country tends to lose manufacturing jobs as a result of globalization?
Countries with higher labor costs and less competitive manufacturing sectors are more likely to lose manufacturing jobs due to globalization. As companies seek to reduce expenses, they often relocate production to countries with lower wages and operational costs. Additionally, countries that do not invest in innovation or advanced technologies may struggle to compete against nations that do, leading to further job losses in manufacturing.
Why is the most likely reason Ohio specializes in manufacturing transportation equipment?
Ohio's resources support manufacturing equipment
What of the following is not a likely sole proprietorship business?
auto manufacturing plant A+
What is the size of florist market in India?
Growing at a compounded annual growth rate of about 30%, India's floriculture industry is likely to cross Rs 8,000 crore mark by 2015. (Source: ASSOCHAM)
What is the first automation application?
The first automation application was likely in the manufacturing industry, where machines were used to perform repetitive tasks previously done by hand. This increase in efficiency and productivity paved the way for automation to be adopted in various other industries.
Are there clothing items that start with the letter e?
yes most likely in the African nations like kerkbenistan yes most likely in the African nations like kerkbenistan
