Ask Question
BusinessBusiness
22 September, 18:39

Which statement about industry is FALSE?

a) The West did not benefit from the industries that sprang up from the Cold War.

b) By the mid-1950s, white-collar workers outnumbered blue-collar factory and manual laborers.

c) The unions' success in raising wages inspired employers to mechanize more and more elements of manufacturing in order to reduce labor costs.

d) Since the 1950s, the American economy has shifted away from manufacturing.

e) New England benefited from the growth in the construction of aircraft engines and submarines

+5
Answers (2)
  1. 22 September, 21:05
    0
    Answer: a) The West did not benefit from the industries that sprang up from the Cold War.

    Explanation:

    The cold war affected United State due to they had to reduce their savings in an high consuming economy, they supported countries they were in good terms with as regards their development growth in a bid to affect China and soviet union. They took tough measures on both countries as thgave strict market policies to the Soviet Union and ensure China changed her policies concerning their investments. This proves the west benefitted from industries that sprang up during the cold war.
  2. 22 September, 22:11
    0
    a) The West did not benefit from the industries that sprang up from the Cold War.

    Explanation:

    To win the Cold War, the United States became a low-savings, high-consumption economy. It basically supported its allies in a recovery, development and growth process that out-consumed the USSR and China. The United States exhausted the USSR and forced China to change its policies on domestic investment.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which statement about industry is FALSE? a) The West did not benefit from the industries that sprang up from the Cold War. b) By the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
During its calendar year 2019, a city issued $800,000 of bonds to acquire various items of capital equipment. By the end of 2020, the city had spent all the bond proceeds to purchase capital assets.
Answers (1)
The management of Freshwater Corporation is considering dropping product C11B. Data from the company's accounting system appear below: Sales $928,000 Variable expenses $408,000 Fixed manufacturing expenses $342,000 Fixed selling and administrative
Answers (1)
A corporation that operates in several countries but without significant ties to any of them is a (n)
Answers (1)
John works for abc company. abc is a construction company that builds houses for individuals. john is a construction manager. among his many duties, john collects payments from the customers for whom he builds houses.
Answers (1)
What we mean by the term global business
Answers (1)
New Questions in Business
Do you like School? Yes or No
Answers (1)
Assume that an MNC purchases a foreign building, and then leases the building to another party and allows that party to operate the business in the building for 30 years if the party follows standards set by the MNC.
Answers (1)
Sally Smith incurred expenses of $800 in June which she paid in July. She declared these expenses on her June income statement. By doing this she is following the accounting principle of:
Answers (1)
You withdraw $100 from your checking account. how does this affect the money supply and the reserves of your bank?
Answers (1)
g Automatic stabilizers a. increase the problems that lags cause in using fiscal policy as a stabilization tool. b.
Answers (1)
Home » Business » Which statement about industry is FALSE? a) The West did not benefit from the industries that sprang up from the Cold War. b) By the mid-1950s, white-collar workers outnumbered blue-collar factory and manual laborers.
Sign Up Forgot Password?