Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use the article titled, They Myth and the Reality of Manufacturing in America which can be found here https://conexus.cberdata.org/files/MfgReality.pdf to answer the following questions. 2.

  1. Use the article titled, "They Myth and the Reality of Manufacturing in America" which can be found here https://conexus.cberdata.org/files/MfgReality.pdf to answer the following questions.

2. What is the Myth of Manufacturing in America?What is the Reality of Manufacturing in America?

3. How do the authors measure productivity? How has it changed in U.S. manufacturing between 1998-2012?

4. According to table 2, which sector has experienced the largest increase in productivity since 2000? What sector has experienced the smallest increase in productivity since 2000?

5. According to table 3, which sector had the smallest number of employees in 2010, and which sector experienced the largest actual job losses from 2000-2010?

6. According to table 4, which sector lost the largest percent of jobs due to trade? What percent of job losses in all manufacturing can be attributable to productivity growth, what percent can be attributable to trade?

7. Given that productivity has resulted in so many job losses in manufacturing since 2000, why do politicians devote so much attention to trade deals, and so little attention to the role of automation and productivity?

8. Do you think the U.S. as a society is better or worse off on net as a result of the increases in productivity in manufacturing? Explain.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Authors: Christopher T.S. Ragan

16th Canadian Edition

0134835832, 978-0134835839

More Books

Students also viewed these Economics questions

Question

Are summer stipends available?

Answered: 1 week ago

Question

A zero coupon bond:

Answered: 1 week ago

Question

3. What is my goal?

Answered: 1 week ago

Question

2. I try to be as logical as possible

Answered: 1 week ago