Correct. The answer is a. In the late 1970s and early 1980s, the U.S. transition from an industrial-manufacturing economy to a postindustrial service economy became increasingly evident. The United States began to produce fewer automobiles, appliances, and electronics and more financial services, health-care services, and management consulting services. At the same time, Japan’s modern steel industries, built to incorporate the latest technology, surpassed the productivity of the American steel corporations, hastening the dismantling of American steel.
Incorrect. The answer is a. In the late 1970s and early 1980s, the U.S. transition from an industrial-manufacturing economy to a postindustrial service economy became increasingly evident. The United States began to produce fewer automobiles, appliances, and electronics and more financial services, health-care services, and management consulting services. At the same time, Japan’s modern steel industries, built to incorporate the latest technology, surpassed the productivity of the American steel corporations, hastening the dismantling of American steel.