To a race to the bottom /laws
Is that an idiom? "to a race to the bottom"? what does it mean? thanks for your help.
Any idea what might be "laws" here? they are the weakest...
Effective action to hold corporations accountable needs to be federal because the states, left to their own devices, have to compete with one another for businesses to locate in their states. This has led to a race to the bottom for corporate cash. Two-thirds of big corporations in America are now officially headquartered in Delaware, because Delaware’s corporate laws are weakest.
Top answer
anonymous This has led to a race to the bottom for corporate cash. It means they compete for the absolute worst outcome (race to the bottom / minimum ) for the local governments, but the best outcome for large corporations.
- anonymous This has led to a race to the bottom for corporate cash.
- It means they compete for the absolute worst outcome (race to the bottom / minimum ) for the local governments, but the best outcome for large corporations.
Get the Weekly English Kit 📬
New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.
anonymousThis has led to a race to the bottom for corporate cash.
It means they compete for the absolute worst outcome (race to the bottom / minimum ) for the local governments, but the best outcome for large corporations.
0
Related Questions