Author Question: A trade discount is the price producers set to draw the public's attention to new products. ... (Read 11 times)

audie

  • Hero Member
  • *****
  • Posts: 532
A trade discount is the price producers set to draw the public's attention to new products.
 
 Indicate whether the statement is true or false

Question 2

Briefly assess the good and bad news of the current U.S. manufacturing environment.



kalskdjl1212

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

False

Answer to Question 2

The bad news is that many manufacturing jobs have been outsourced to low-wage workers in overseas countries, the cost of U.S. manufacturing is approximately 20 percent higher, and the number of unemployed factory workers increased during the recent economic crisis.

The good news is that U.S. manufacturers produce approximately 18 percent of total global manufacturing output and contribute approximately 2 trillion to the U.S. economy each year. Also, manufacturing exports are nearly 60 percent of all U.S. exports, and it is anticipated that there will be 2 million job openings in manufacturing through 2018. Finally, for every manufacturing job created, there are another three jobs created in the supply chain, the trucking industry, and other related areas of the economy.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

For a complete list of videos, visit our video library