Chapter 12 - Lecture Summary Flashcards

1
Q

Andrew Carnegie

A

Steel magnate whose industry decline foreshadowed service rise in Pittsburgh.

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2
Q

Deindustrialization

A

Decline of manufacturing in favor of services.

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3
Q

Offshoring

A

Relocating production facilities abroad while maintaining corporate control

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4
Q

Detroit’s Decline

A

Detroit’s Decline

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5
Q

Panama Papers (2016)

A

Exposed offshore financial secrecy and tax evasion.

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