Which statement about industry is FALSE?
a) The West did not benefit from the industries that sprang up from the Cold War.
b) By the mid-1950s, white-collar workers outnumbered blue-collar factory and manual laborers.
c) The unions' success in raising wages inspired employers to mechanize more and more elements of manufacturing in order to reduce labor costs.
d) Since the 1950s, the American economy has shifted away from manufacturing.
e) New England benefited from the growth in the construction of aircraft engines and submarines

a) The West did not benefit from the industries that sprang up from the Cold War.

Explanation:

To win the Cold War, the United States became a low-savings, high-consumption economy. It basically supported its allies in a recovery, development and growth process that out-consumed the USSR and China. The United States exhausted the USSR and forced China to change its policies on domestic investment.

a) The West did not benefit from the industries that sprang up from the Cold War.

Explanation:

The cold war affected United State due to they had to reduce their savings in an high consuming economy, they supported countries they were in good terms with as regards their development growth in a bid to affect China and soviet union. They took tough measures on both countries as thgave strict market policies to the Soviet Union and ensure China changed her policies concerning their investments. This proves the west benefitted from industries that sprang up during the cold war.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.