Which statement is NOT true in regards to the American economy by the 21th century? A. The increased demand for knowledge-based jobs never kept up with demand, leading to rapid under-employment by a growing class of college graduates. B. The off-shoring of manufacturing jobs, and growth of knowledge-based employment, strengthened the American economy by providing more than enough employment to the muscular classes. C. American businesses began off-shoring manufacturing jobs. D. American businesses used computers to aid in off-shoring, making the majority of remaining jobs knowledge-based.
Which statement is NOT true in regards to the American economy by the 21th century? A. The increased demand for knowledge-based jobs never kept up with demand, leading to rapid under-employment by a growing class of college graduates. B. The off-shoring of manufacturing jobs, and growth of knowledge-based employment, strengthened the American economy by providing more than enough employment to the muscular classes. C. American businesses began off-shoring manufacturing jobs. D. American businesses used computers to aid in off-shoring, making the majority of remaining jobs knowledge-based.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which statement is NOT true in regards to the American economy by the 21th century?
A. The increased
B. The off-shoring of manufacturing jobs, and growth of knowledge-based employment, strengthened the American economy by providing more than enough employment to the muscular classes.
C. American businesses began off-shoring manufacturing jobs.
D. American businesses used computers to aid in off-shoring, making the majority of remaining jobs knowledge-based.
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