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5 September, 09:18

In this lesson, we learned how a scheme by several businessmen to control the copper market affected the entire U. S. economy. Use the ideas presented in the lesson to respond to the following scenario:

A large factory that employs many workers in a town is going out of business. This factory closure will affect workers and their families. Write a short paragraph showing how it would also affect other businesses in the town.

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  1. 5 September, 11:02
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    If a large factory is closed, the business of the shopkeeper is greatly affected who sells the products produced by the large factory.

    Explanation:

    In large factories, a large number of products are produced which are used in the our homes. If these factories were closed, the workers lost their jobs and the business of the other peoples who related to these factories also adversely affected because these businessman sells the goods coming from these industries and make money from it. So the closure of single factory affects the business of other people in the town.
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