Indicate which of the following is an explanation for the productivity slowdown of 1974-1995.

A. A shift from a goods-based economy to a service-based economy

B. Deterioration of the U. S. educational system

C. Increased production and transportation costs

D. All of the above

Question

Business

Blaze Meadows

11 September, 10:13

Indicate which of the following is an explanation for the productivity slowdown of 1974-1995.

A. A shift from a goods-based economy to a service-based economy

B. Deterioration of the U. S. educational system

C. Increased production and transportation costs

D. All of the above

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Answers (1)

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Stephanie Goodwin · Answer 1

Answer: Option (D)

Explanation:

The productivity slowdown from year 1974 to 1995 occurred due to several reasons, some of these are listed below:

1. At times there was a vast shift from the goods-driven economy to service-driven economy. i. e. the boom of industrialization.

2. During these year there was a severe deterioration in United States educational system.

3. Also during this era there was an huge increase in the transportation and production costs.

Indicate which of the following is an explanation for the productivity slowdown of 1974-1995.A. A shift from a goods-based economy to a service-based economyB. Deterioration of the U. S. educational systemC. Increased production and transportation costsD. All of the above

Indicate which of the following is an explanation for the productivity slowdown of 1974-1995.

A. A shift from a goods-based economy to a service-based economy

B. Deterioration of the U. S. educational system

C. Increased production and transportation costs

D. All of the above