Looking for some original insight as to the decline in american industry over the last 30 years. MS Word document with verifiable sources, please.
Looking for some original insight as to the decline in American industry over the last 30 years. MS Word document with verifiable sources, please. Will cite appropriately.
The first reason for the decline in American industry after 2001 Is the exports to the US by China. China joined the WTO in 2001 and over the last ten years has been the largest cause for the decline of the US industries. China has competed with low prices in the sectors of steel, chemical, glass, paper, drugs, and other products. During this period there has been a large loss in manufacturing jobs. During the same period industrial productivity in the US has increased leading to further job losses (a).
Since, 1980 there is a restructuring of industries in the US there is a decline in the number ...
The write up gives a learned discussion on domestic manufacturing