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Effect of shifts in global patterns of manufacturing, services and…

- - - - Rise of mass production and assembly line techniques
      - Period of economic recovery and growth
      - Decline in dominance of heavy manufacturing sectors
    - - Decline in domestic manufacturing sector - deindustrialisation
        
        High domestic unemployment
        
        Stagnating/falling incomes for workers
    - - Reduced demand for low-skilled labour
        
        Job displacement
  - - - Countries like India became major players in the outsourcing industry
  - - - Decline of small-scale farming
    - - Balance of employment shifted towards other sectors