Answered

What caused a shift toward a service-based economy in the 1970s?
A.
deindustrialization
B.
export increases
C.
oil embargo
D.
stagflation

Answer :

Answer:

A. Deindustrialization

Explanation:

#PLATOFAMILY

The shift to a service-based economy was caused by deindustrialization. Option B is correct.

What is deindustrialization?

Deindustrialization is defined as a social and economic process that is qualified by the separation of industrial sizableness or activity in a country or region, particularly in heavy industry or manufacturing. It is mainly caused in the transition to a service-based economy.

Therefore, option A is correct.

Learn more about the deindustrialization, refer to:

https://brainly.com/question/8390410

#SPJ2

Other Questions