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tester [92]
4 years ago
13

What is a major factor in the decline of some occupations, such as those in the textiles and clothing industries?

Business
2 answers:
Pavel [41]4 years ago
7 0
The major factor that contributes to the decline of occupations in industries such as textile and clothing is due to the change of technology. Through the technological advancement, innovators are able to machines that work twice as fast as human beings.
Montano1993 [528]4 years ago
4 0

Answer:

changing technologies

Explanation:

I just took the test and got a 100.

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In the united states, business cycles have occurred against a backdrop of a long-run trend of?
Rus_ich [418]

In the united states, business cycles have happened against a backdrop of a long-run trend of rising real GDP.

<h3>What is Gross Domestic Product?</h3>

Gross domestic product (GDP) is a monetary indicator of the total market value of all the finished products that nations produce over a given time period. This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is. The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP).

Economic activity goes through periods of boom and then contraction during business cycles. Both the general welfare of society and the welfare of private entities are affected by these developments. Business cycles are a sort of variation that may be found in the overall economic activity of a country. A business cycle is made up of expansions that occur roughly at the same time in many different economic activities, followed by contractions that are similarly widespread (recessions).

Hence, In the united states, business cycles have happened against a backdrop of a long-run trend of rising real GDP.

To learn more about Gross Domestic Product refer to:

brainly.com/question/1383956

#SPJ4

3 0
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