Rapid technological changes and increased competition from the manufactured exports of emerging market economies are causing _________________ in the United States.
A)downsizing and job insecurity
B)industrial growth and job security
C)increased wages in competing industries
D)exchange rate fluctuations

Question

Quizplus · Accepted Answer

Rapid technological changes and increased competition from emerging market economies are causing many industries in the United States to downsize, leading to job insecurity for workers. This is because companies may need to cut costs in order to compete with cheaper imports, and technological advances may lead to automation and a reduced need for human labor.

Rapid Technological Changes and Increased Competition from the Manufactured Exports