Which of the following trends affecting U.S. workers has resulted from the expansion of the global economy?A.tighter governmental control over the economyB.fewer opportunities for many workers in the United States due to global competition and outsourcing abroadC.better working conditionsD.higher living standards for all
Question
Which of the following trends affecting U.S. workers has resulted from the expansion of the global economy?A.tighter governmental control over the economyB.fewer opportunities for many workers in the United States due to global competition and outsourcing abroadC.better working conditionsD.higher living standards for all
Solution
The trend affecting U.S. workers that has resulted from the expansion of the global economy is B. fewer opportunities for many workers in the United States due to global competition and outsourcing abroad.
Here's why:
A. Tighter governmental control over the economy: This is not necessarily a direct result of the expansion of the global economy. Government control over the economy can vary greatly from one country to another and is influenced by a variety of factors, not just globalization.
B. Fewer opportunities for many workers in the United States due to global competition and outsourcing abroad: This is a direct result of the expansion of the global economy. As companies seek to reduce costs and increase efficiency, they often outsource jobs to countries where labor is cheaper. This can lead to fewer job opportunities for workers in the U.S., particularly in industries such as manufacturing.
C. Better working conditions: While it's true that the global economy has led to improvements in working conditions in some cases, this is not a universal trend. In fact, in some cases, the pressure to compete in a global market can lead to worse working conditions.
D. Higher living standards for all: While the global economy has helped to raise living standards in many parts of the world, it's not accurate to say that it has led to higher living standards for all. In fact, income inequality has been a significant issue in many countries, including the U.S., in the era of globalization.
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