Examination should include
- researching major textile and apparel occupations and summarizing their effects on local, state, national, and global economies, such as taxes paid by companies and workers
- the contribution of textile goods production to the gross domestic product
- the use of foreign labor in American-owned factories abroad
- the global marketing of textiles and apparel.
Process/Skill Questions
Thinking
- Why is it important for a fashion career seeker to understand the effect of textile and apparel occupations on local, state, national, and global economies?
- What criteria might be used to determine the effect of a textile and apparel occupation on the local, state, national, and global economies?
- What role do government regulation and taxation play on the fashion industry?
Communication
- How can communication affect the financial success of a fashion business?
- How might communication influence economic relationships within the apparel and textile industry, from local level to global level?
Leadership
- What groups exercise economic leadership power over the textile and apparel industry on the local, state, national, and global levels?
- What role do natural resources, capital, labor, and entrepreneurship play in the economics of the fashion industry?
- What role do technological advances play in the economics of the fashion industry? How do different sectors effect the use of technology on each sector?
- What effect does productivity have on the sectors of the fashion industry?
Management
- How can political unrest, natural disaster, or economic disasters in another part of the world affect management decisions in a Virginia fashion business?
- How can economic trends affect the fashion entrepreneur?