how did foreign competition affect north carolinas furniture industry?\nmore factories opened to stay…
how did foreign competition affect north carolinas furniture industry?\nmore factories opened to stay competitive.\nfactories were closed and jobs were lost.\nfurniture makers were forced to increase production.\nworkers salaries were doubled as the industry grew.
Answer
Brief Explanations:
Foreign competition often leads to cost - pressure. Cheaper imports can make domestic production less viable, causing factory closures and job losses.
Answer:
B. Factories were closed and jobs were lost.