The impact was that it left many of them homeless, without jobs, they didn't have any food and all of these roll into the conclusion that many of the people lost their lives.
B. Georgia is the third largest producer of peaches in the nation
C. Georgia continues to produces majority of the worlds cotten
D. Georgia grows 40 percent of the countrys pecans and peanuts
E. About 300,00 people work in the farming industry
Answer:
A. Labor costs are lower in other countries.
Explanation:
<u>A. is the right answer. The cost of material, workforce, and taxes are lower in foreign countries</u>, especially in third world countries. <u>Therefore, US businesses are outsourcing and looking for a way to pay less for the labor, while selling goods in the US market and earning way more</u>. With globalization, it is possible to do plenty of jobs online or from the other side of the world, so someone who is paid much less in other counties can do work, while for the employer this costs much less than it would if they gave the job to US citizen. That is why people from the US have fewer work opportunities, while people from other countries are paid less than they would usually be for that job in the US.
B. is not the right answer. While investments are more common in foreign countries, they have not shifted completely, and this does not affect labor as much.
C. is not the correct answer. Tariffs don’t have much to do with job loss.
D. is not the right answer. Excessive spending can only lead to more economic flow.