By the End of the 20th Century, the Manufacturing Sector

Multiple Choice

By the end of the 20th Century, the manufacturing sector had fundamentally altered from the sector in the 1920s. The sector is now characterised by the following features, except for:

A) low levels of depreciation.
B) a highly competitive international market.
C) capital-intensive and machine-paced production.
D) a high level of overheads relative to direct costs.