Which of these is a true statement about workers' experiences from 1979 to 1996?
A) Worker's buying power increased as the economy boomed.
B) Corporations maintained profits by downsizing and exporting jobs overseas.
C) Labor union strength helped hold the line on some wage decreases.
D) The Black and Hispanic jobless rate was consistent with that of whites and other demographic groups.
E) The new service sector provided opportunities for good-paying jobs to those without training.

Question

Quizplus · Accepted Answer

During this period, many corporations sought to maintain or increase profits through strategies such as downsizing and outsourcing jobs overseas. This was a notable trend in the late 20th century as globalization increased, and companies looked for ways to reduce labor costs.

Which of These Is a True Statement About Workers' Experiences