In the United States, globalization has caused the demand for unskilled labor to ________ and the demand for skilled labor to ________

A market system is best characterized by:

A. extensive government intervention in economic activity. B. government regulation of all private markets. C. the private production of most capital goods. D. central planning and control.

Typically, in towns and villages across the Midwest, bowling alleys are one-story buildings. In Manhattan, one is more likely to bowl in alleys found in multi-story high rises. How would the economic way of thinking explain this?

What will be an ideal response?