32
practice examMultiple Choice

Practice Exam

Question 32 • Economics

What is a major factor in the decline of some occupations, such as those in the textiles and clothing industries?

Answer
A
changing technologies
B
shifting consumer tastes
C
overseas labor costs
D
aging populations

Explanation

Textile and clothing production often moves to countries where labor costs are lower. This makes it difficult for producers in higher-wage countries to compete, contributing to the decline of jobs in those industries. So the major factor is overseas labor costs.

AI-written and checked against the verified answer.

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