Question

How did the steel industry charige our global standing?

Answer 1

Reduction in workforce

"During the period 1974 to 1999, the steel industry had drastically reduced employment all around the world. In USA, it was down from 521,000 to 153,000. ... The steel industry had reduced its employment around the world by more than 1,500,000 in 25 years." \

Step-by-step explanation:

Answer 2

In the years after the Civil War, the American steel industry grew with astonishing speed as the nation's economy expanded to become the largest in the world. ... Since then, large steel mills have been replaced by smaller mini-mills and specialty mills, using iron and steel scrap as feedstock, rather than iron ore.