If the world price of cotton falls, firms will be less willing to supply cotton. Therefore, fewer cotton firms may open, or few people will be employed in the cotton-producing industry; therefore, the demand for labour for cotton-producing firms in South Carolina will decrease.
Since the world price of cotton falls, a textile-producing firm in South Carolina which uses cotton as only one aspect of their textiles, textile firms can buy more cotton since it's cheaper and will reduce costs. Since this is the case, the demand for cotton will increase. Because of this, more textiles need to be made, and so the demand for labour increases as a result.
The unemployment resulting from such sectoral shifts in the economy is best described as structural since demand for labour is decreasing in the primary sector and increasing in the secondary sector of the industry.<span>
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I’d help you if i can understand :((((
Answer:
The correct answer for: Asian Americans account for about ________ percent of professionals and technicians in the United States. Is: 5%
Explanation:To understand this question and answer we have to contextualize. First of all Asian-American distinction is a racial differentiation. Now, this group has a presence of 4.9% of the total American population divided by race. However, even though they are one of the principal minorities. They also have a nice footprint in the technicians and professionals sector. Due to access to opportunity and subcultural orientation these different groups have. It is not surprising to remember that first Asian migrants established technique shops and not many of them performed workforce labors.
