contestada

During the 1970s in the United States, manufacturing entered a long period of decline. Which of the following is the primary reason for this decline?
a. Modernization of plants
b. Rise in unemployment
c. Growth in the service sector
d. Foreign competition
e. E) Recession

Respuesta :

Modernization of plants (OPTION A) is the primary reason for this decline. The Plant Modernization initiative investigates how process and technological advancements used in other industries.

Might be used in nuclear power to lower operating costs and enhance dependability and safety. To increase the complexity and flexibility of Modernization, CAD and CAM are integrated, and computer networks automatically modify machine placements and settings. Total factor productivity (TFP) is a investigates metric that is derived by dividing the total output of the economy by the weighted average of its inputs, namely labour and capital. It shows a rise in real output that is greater than the rise in labour and capital inputs.

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