Question: please explain study guide question Here are some facts about manufacturing: Many manufacturing jobs in the U.S. were outsources for cheaper labor It costs roughly

please explain study guide question

Here are some facts about manufacturing:

  • Many manufacturing jobs in the U.S. were outsources for cheaper labor
  • It costs roughly 20% more to manufacture goods in the U.S.
  • Manufacturing employees are at a low
  • U.S. manufacturers produce about 18% of total global manufacturing output
  • Manufacturing contributes about 2 trillion to the U.S. economy annually

Consider one of the aforementioned facts and discuss in detail (with RESEARCH and FACTS) why the statement is TRUE.

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