2) The end of this chapter examines some of the more specific socioeconomic chal

Question

2) The end of this chapter examines some of the more specific socioeconomic challenges facing the United States today. These include (1) the decline of American manufacturing and the related problems posed by the outsourcing of jobs and the growing U. S. trade deficit; (2) business’s obsession with short-term results; and (3) changing attitudes toward work. Explain which of these challenges you think is the most pressing and significant, and give a brief explanation as to how this became such a problem.

Explanation / Answer

1. the decline of American manufacturing and the related problems posed by the outsourcing of jobs and the growing U. S. trade deficit;

THIS IS CURRENTLY THE MAIN PROBLEM IN AMERICA BECAUSE PEOPLE ARE NOT ABLE TO GET A JOB AND IT IS DUE TO THE FACT THAT ALL THIER JOBS AHAVE BEEN OUTSOURCED TO OTHER COUNTRIES WHERE THE LABOUR IS CHEAP AND PRODUCES THE SAME THING FOR A CHEAPER PRICE

SUCH 3RD WOR;D COUNTRIES LIKE INDIA , BRAZIL , CHINA, THAILAND ETC HAVE ABUNDENCE OF POPULATION AND MAJORLY THE WORKING CLASS WHO ARE WILLING TO WORK FOR A CHEAPER PRICE THAN WHAT THE AMERICAN PEOPLE ARE DEMANDING AND THEY ARE MUCH MORE HARD WORKING THAT THE AMERICANS

BECAUSE THE PER RATE OF WORK IS MORE INN AMERICA THATS WHY COMPANNIES HAVE STARTED SETTING UP MANUFACTURING PLANTS IN OTHER COUNTRIES IN ORDER TO INCREASE PROFITS AND THE WORKERS DO NOT NEED ANY OTHER INCENTIVES TOO

.BECAUSE THE WORKFORCE ARE GETTING LESS PAYMENT THAN BEFORE AND PRODUCING THE SAME AMOUNT OF GOODS ,THE SHAREHOLDER OF MANY COMPANIES HAVE BEEN USING THIS METHOD IN ORDER TO INCREASE PROFITS

THE REASON WHY THE US TRADE DEFICIT IS GROWING BECAUSE SINCE US IS NOT PRODUCING ITS OWN PRODUCTS THEY HAVE TO SPEND MONEY ON IMPORTING IT AND SINCE ITS A WELL KNOWN COUNTRY WHO HAS HELPED IN PAYING DEBTS OF OTHER COUNTRIES , THE OTHER COUNTRIES DONT MIND LENDING THEM MONEY, THOUGH ITS GOOD FOR A SHORT TERM IT MIGHT HAVE SERIOUS CONSEQUENCES IN THE FUTURE

2-business’s obsession with short-term results;

THIS IS ONE OF THE OTHER MAJOR PROBLEMS OF AMERICAN COMPANIES HERES WHY

Q3-changing attitudes toward work

THE SO CALLED WORK ETHIC OF THE WORKERS OFTHE COUNTRY HAS RECIEVED A MOJOR HIT IN THE PAST 50 YEARS OR SO DUE TO WORK ENVIRONMENT AND DIPS IN THE MARKET

THIS MAKES A PERSON FEEL UNEASY AND DEMOTIVATED TOWARDS WORK AND HENCE A DROP IN THE PERFORMANCE

THIS COULD ALSO BE COTRIBUTED BY THE PAYMENT RECIEVED ,THE BENEFITS PROVIDED ETC

THE BENEFITS THAT A PERSON GETS LIKE HEALTH BENEFITS OR MEDICAL ETC VARIES FROM COMPANIES TO COMPANIES AND MOST OF THE PEOPLE DONT GET THEM

PAYMENTS RECIEVED BY A WORKER HAS BEEN MORE OR LESS THE SAME BUT THE COST OF LIVING HAS RISEN BY A LOT SO THAT MIGHT LEAD TO PERSON BEING DEMOTIVATED AND SEEM UNINTERESTED

THE OTHER REASON COULD BE THE KIND OF WORK ENVIRONMENT IN THE COMPANY ,SAY THE WORKERS ARE SLACKING OFF RATHER THAN WORKING SO EVEN A MOTIVATED PERSON WOULD LOOSE THE REASON TO WORK

*NOTE PLEASE DO RATE THE ANSWER*

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