In: Economics
Each year lists of the fastest-growing and fastest-dying industries in the United States are published by various sources.
Do some research to find three industries from each of these two lists for the current year and briefly explain why you think these industries are either growing or dying.
For each industry, explain what is likely happening in capital markets and what the likely effect will be on the industry long-run average cost curve.
Updated answer needed please.
Top 3 booming industries in US are :
This is largely because first mover advantages, innovation and design capability, strong disruption, exponential demand going ahead.
Here each industry has lower average cost curve because of economies of scale and fast paced griwth with differentiation and cost leadership and thus booming stock prices.
Top 3 glooming industry includes :
This is because of low industrial prices, low consumption appetite from customers, changing preferences, high burgeoning debts, unsustainable management and government bureaucracy.
Here average cost curve is rising because of unsustainable debt, high borrowing costs, low innovation, strong leveraged balance sheets, and low customer attraction causing stock prices to plummet in capital markets.
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