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.
Answer:
In the free market system, financial security is established when a country's wealth is distributed in a balanced way to private institutions, which must produce and generate more income and wealth according to the law in force in the country.
Explanation:
Financial security is generated through the production and management of wealth that is created from the production of goods and services. In a free market system, it is important that these wealth be distributed equally and evenly among private institutions, allowing them to have sufficient subsidies to continue producing and guaranteeing the country's economic progress.
<span>Chamberlain, made the greatest blunder in British history. Unasked, he issued a war guarantee to Poland, empowering a Polish dictatorship of colonels that had joined Hitler to drag the British Empire into war with Germany over a city, Danzig, the British thought should be returned to Germany.</span>
Answer: the fallacy of composition
Explanation:
The incorrect belief that what is true for the individual is also true for the group is known as the fallacy of composition.
The fallacy of composition occurs when one makes a general judgement for a group based on the fact that an individual in the group has a particular character or trait and hence, sane assumption is made for the group.
An example is saying Tom loves playing football, therefore all boys love playing football.
