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Business & Finance
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11. High domestic ________ costs have made international contract manufacturing, or outsourcing, attractive to many U.S. companies.
Aug 17th, 2015

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C.  Labor

Reason:The American work force is highly educated. Forty-three percent of Americans between the ages of 25 to 64 have completed a level of education beyond high school, which is fifth among all developed countries and considerably more than the OECD average of 32 percent.

U.S. workers are also among the world’s most productive, both in the value of a worker’s output per hour or over the course of a year.

The more than 153 million workers in the U.S. civilian labor force are diverse, flexible in the workplace, and mobile.   They have a long history of adapting to circumstances and stepping up to opportunities that present themselves.   It is part of the American spirit.

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Aug 17th, 2015

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