asked 20.1k views
0 votes
What is likely to happen when a major business closes or moves out of an area?

More money is available to provide city services.
People will move into the area.
Population decreases.
Service industries shut down.
Unemployment increases.

asked
User Ngenator
by
9.1k points

1 Answer

2 votes

Answer: When a major business closes or moves out of an area:

1. Unemployment increases.

2. Population decreases.

Explanation: 1. Unemployment increases because the business would have been a major source of employment for the area directly or indirectly (directly= If some of the indigines of the area works for the business organization and indirectly= if some of the indigines are making a living selling goods or transport services to workers in the organization.

2. Population decreases because some workers who have migrated because of the business would return back to their previous areas.

answered
User Mohamed Rahouma
by
8.1k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.