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Reptile [31]
3 years ago
10

Was the loss of traditional manufacturing inevitable in the U.S. economy? 2) Can the United States hold on to its current manufa

cturing base? If so, what needs to be done to do so? If not, why?
Business
2 answers:
Shalnov [3]3 years ago
7 0

Answer:

1. Yes, the loss of Traditional manufacturing was inevitable in the US economy due to trade deficits and technological Innovation.

2. No, the US cannot hold on to its current manufacturing base

Explanation:

1. The principal causes of manufacturing job losses were growing trade deficits followed by Technological innovations that is gradually replacing human tasks with machines and Artificial Intelligence.

U.S. manufacturing employment has declined steadily as a share of total employment, from around 28% in 1960 to 8% in March 2017.

Manufacturing employment has fallen from 17.2 million persons in December 2000 to 12.4 million in March 2017, a decline of about 5.7 million or about one-third.

2.  NO, The US cannot hold on to its current manufacturing base except they

  • Develop a national trade strategy and increase funding for U.S. trade policy-making and enforcement agencies.
  • Fully fund a nationwide manufacturing skills standards initiative.
  • Expand high-skill immigration, particularly which focuses on the traded sector
Allisa [31]3 years ago
4 0

Answer:

1. Financial analysts and business examiners would concur such occupation misfortunes were inescapable. U.S. organizations developed from a horticultural economy to the present assistance and innovation based economy.  

2. As the case noticed, this will be troublesome. Be that as it may, insofar as American specialists remain the most talented on the planet and business people keeps on enhancing with new advancements and items, U.S. assembling will endure.

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An oligopoly exists when there is a lot of variety in the number of sellers and producers of media content, but not much variety
Alex73 [517]

An oligopoly does not exist when there is a lot of variety in the number of sellers and producers of media content.

What is an oligopoly-

An Oligopoly is a type of market in which :

  • Few numbers of buyers and sellers.
  • High capital cost to entry in the market.
  • Similar but slightly different products. (eg. Cold drink companies)
  • Entry may be restricted to a few firms
  • there can be informal cartels within the existing firms which do not allow others to come in.
  • The action of one firm has an effect on the whole market, this will leads to a prisoner's dilemma.

An example of an oligopoly market is - the Organisation of petroleum exporting countries(OPEC).

Disclaimer- The Question is incomplete the question may be "An oligopoly exists when there is a lot of variety in the number of sellers and producers of media content, but not much variety in what they actually produce. Is this statement true or false?"

To learn more about the types of markets please click on the link

brainly.com/question/24877850

#SPJ1

5 0
2 years ago
On December 31, 2016, Avery Corporation paid $18,000 for next year's insurance policy.
Aleonysh [2.5K]

Answer:

C. Prepaid insurance 18,000  debit

                       Cash             18,000 credit

Explanation:

The company will do a mistake if it reocrd this as a mistake as it will be posting an expense for an evnt that take place during the next accounting cycle (2017) As the insurance will be outstanding during that period not the one ending.

Also it is not an expense as the insurance company now has the obligation to perform if something happens So we have an asset right now, through time and as long as the insurance is not executed we will declare the expenses.

But for now, it is an asset.

8 0
3 years ago
In 2021, a company purchased two patents. Related information follows: Patent 1 Patent 2 Purchase price $ 500,000 $ 200,000 Lega
Law Incorporation [45]

Answer:

$575,000 for patent 1 only

Explanation:

                                                 Patent 1                          Patent 2

Purchase price                           500,000                   200,000

Legal & filing Fees                         25,000                      20,000

Legal fees for successful defense   50,000                      0

Total Capitalization Cost             575,000                         0

Only patent 1 will be capitalized with value of $575,000 as its right was successfully defended. Where as the patent 2 will not be capitalized as it is useless and has no value at year end.

4 0
3 years ago
What are the four main purposes of setting goals in an organization?
jeka57 [31]
1) provide management direction and guidance at all levels,
(2) help to allocate resources,
(3) help to define the corporate culture, and
(4) give managers a way to assess performance. 
8 0
3 years ago
What two things do many employers use to judge an employee's performance?
Damm [24]
Most employers use both outcomes and behavior to judge an employee's performance.
6 0
3 years ago
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