Final answer:
The impact of global economic restructuring includes the movement of assembly-line work to nations with cheaper labor, creating inequality and unemployment in developed countries like the United States while leading to structural unemployment and urbanization challenges in developing nations.
Step-by-step explanation:
In general, the impact of global economic restructuring can be quite significant. One major effect is that in the global economy, assembly-line work is often performed in nations with less economic power globally. This practice stems from the tendency of large corporate manufacturers based in the United States to relocate their factories to countries where labor is cheaper and environmental regulations may be less stringent. Such globalization tends to benefit high-skilled, high-wage workers in developed countries, while imposing costs on low-skilled, low-wage workers who must now compete with lower-wage workers internationally.
Furthermore, the loss of well-paid working-class jobs in countries like the United States has led to rising levels of inequality and significant political controversy. Politicians often call for measures to retain jobs within national borders, suggesting that globalization can paradoxically lead to citizens demanding stronger nation-states. Although globalization creates new opportunities, it also results in structural unemployment and rapid urbanization in developing countries, which poses its own set of challenges. As such, the correct option that best encapsulates the impact of global economic restructuring is: B. In the global economy, assembly-line work is performed in nations with less power globally.