________ refers to the movement of corporate monies from one investment to another, generally less costly one.
a. Capital flight
b. Globalization
c. Outsourcing
d. Third-Worldization
Question 2
Identify which of the following conditions contribute(s) to the declining middle class?
a. The jobs in the relatively well-paid industrial sector are being replaced predominantly by the low-pay and low-prestige service jobs that offer few benefits and no advancement potential.
b. Declining standard of living for entire communities experienced as a result of companies relocating.
c. Declining standard of living for those workers, who still remain in the manufacturing sector, which is a result of decreasing bargaining power of the unions.
d. All of the above
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