How is shared production beneficial?

Operations Management
Read Chapter 15 and watch the Ted talk at this Link (https://www.ted.com/talks/augie_picado_the_real_reason_manufacturing_jobs_are_disappearing/transcript?language=en.) before answering the following questions:

1. According to the speaker, what is the real reason manufacturing jobs are disappearing? Do you think they will disappear faster if minimum wage is increased in the US?

2. How is shared production beneficial?