1. Reflect on the changes in U.S. manufacturing over the last half century. Why did the United States lose so many jobs? 2. What impact did that job loss have on the U.S. economy and on the economies of countries like China and Mexico that have been the recipients of outsourced U.S. jobs? 3. Using Porter’s Diamond of Competitive Advantage, explain U.S. manufacturing today, and how it could change in the next five to ten years. Consider the role of government in the success of the sector and the future competitiveness of a nation. Resources: https://www.pbs.org/newshour/show/how-many-manufacturing-jobs-can-u-s-realistically-maintain https://www.bls.gov/opub/btn/volume-9/forty-years-of-falling-manufacturing-employment.htm https://www.bls.gov/opub/mlr/2011/04/art5full.pdf https://www.bls.gov/opub/mlr/2018/beyond-bls/pdf/the-fall-of-employment-in-the-manufacturing-sector.pdf https://www.ted.com/talks/augie_picado_the_real_reason_manufacturing_jobs_are_disappearing?subtitle=en&geo=de https://napsintl.com/manufacturing-in-mexico/mexico-vs-china-manufacturing-comparison/
[order_button_a]