Chapter 8: Commodity Chains Flashcards

1
Q

Exchange value of a commodity

A

the price someone pays for it

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2
Q

Commodity

A

something available for purchase

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3
Q

Producer driven commodity chains

A

TNCs drive it
have lots of control over whole process
capital/technology intensive

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4
Q

Buyer driven commodity chains

A

large retailers/brands drive process

labor intensive

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