Which of the following best describes the effect globalization has had on some American and Canadian workers?(1 point)

Question

Responses

Many have lost jobs because companies offshored their production.
Many have lost jobs because companies offshored their production.

Many have had emigrate to follow jobs that were moved overseas.
Many have had emigrate to follow jobs that were moved overseas.

Many are employed by foreign companies manufacturing in North America.
Many are employed by foreign companies manufacturing in North America.

Many must pay higher prices charged for imported goods.

Answer 1

The response that best describes the effect globalization has had on some American and Canadian workers is:

Many have lost jobs because companies offshored their production.

This statement highlights one of the significant impacts of globalization, where companies move production facilities to countries with lower labor costs, leading to job losses in the home countries.