It could happen in any given community for a variety of reasons. The major employer decides to close its doors permanently either to move offshore or because of changing business conditions. The families’ jobs are a sources medical insurance, as well as income for other smaller businesses. Now the exiting company has left everybody vulnerable. Possibly artificial intelligence technology now further dominates the company’s technology field. A widespread illness or bad economic condition could force closure of the business who also helps fund public schools, charities, and utilities companies.
