What impact did the rising global economy of the 1990s have on U.S. employment? A. Increase in union jobs B. increase in farming jobs C. Decrease in technology jobs D. Decrease in manufacturing jobs
History · High School · Tue Nov 03 2020
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The rising global economy of the 1990s had a significant impact on U.S. employment, particularly in the realm of manufacturing jobs.
D. Decrease in manufacturing jobs.
During this period, there was a noticeable shift in manufacturing jobs moving overseas to countries with lower labor costs. This trend, often referred to as outsourcing or offshoring, led to a decline in manufacturing jobs within the United States. While there were advancements in technology and some growth in sectors like technology-related jobs, the dominant trend was the reduction of manufacturing jobs due to increased globalization and the transfer of certain industries to countries with cheaper production costs.