Certain Industries of the U

Multiple Choice

Certain industries of the U.S. economy, such as farming and heavy equipment manufacturing, have experienced a significant decline in employment. Which of the following best explains this job loss?

A) The cause is a decline in the productivity of labor in these industries.
B) Workers lost these jobs because technological advances increased productivity.
C) The U.S. economy cannot compete in these industries any longer.
D) Government regulations have eliminated profit opportunities in these industries.