TED: The real reason manufacturing jobs are disappearing | Augie Picado

TED: The real reason manufacturing jobs are disappearing | Augie Picado

Assessment

Interactive Video

Business, Architecture

11th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the misconceptions about protectionism and trade policies, highlighting the impact of automation on job loss in the manufacturing sector. It explains the complexity of global trade networks and the benefits of shared production, emphasizing that protectionism can lead to higher prices without effectively saving jobs. The speaker uses examples from the aerospace industry to illustrate how interconnected global supply chains are, arguing that shared production allows for higher quality products at lower costs.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the relationship between trade agreements and job loss in the US?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways do interconnected global supply chains affect manufacturing?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How do tariffs impact the prices of everyday products?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of trying to produce all goods within one country?

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