Social Sciences and the Law

What has slowed steel industry growth since the 1970s?

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Since the 1970s, growing competition and the increasing availability of alternative materials, such as plastic, slowed steel industry growth; employment in the U.S. steel industry dropped from 2.5 million in 1974 to to less than a million in 1998.

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Similar questions: What effect did alternative resources have on the growth of the steel industry? What effect did growing competition have on the growth of the steel industry since the 1970s? [ Hide these questions ]

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