Question

Which of the following changes would increase structural unemployment? Select one:

a. An increase in the speed that firms and potential workers exchange information
b. A recession caused by a drop in total spending
c. A decrease in the minimum wage
d. Increased globalization that moves the economy from a manufacturing-based economy to a more service-based economy

Answer 1

Option D

Increased globalisation that moves the economy from manufacturing based economy to more service-based economy.

Step-by-step explanation:

Option D

Increased globalisation that moves the economy from manufacturing based economy to more service-based economy.

As manufacturing will decrease, the number of jobs will decrease drastically because the number of industries will become small.