global shift Flashcards
1
Q
global shift meaning
A
The term ‘global shift’ refers to the relocation of different types of industry, especially manufacturingfrom the west to countries like china and india
2
Q
Since the 1960s, many industries have relocated from Europe and North America to ………
A
Asia, South America and more recently, Africa
This global shift is a result of a combination of off-shoring, outsourcing and new business start-ups in emerging economies such as China and India