International Pencil Flashcards

0
Q

How are terms “producing” and “manufacturing” alike?

A

They mean about the same.With economies of globalization they refer to the final item.

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1
Q

Describe a “global supply chain”

A

A chain of places around the world that would interdependently to manufacture a final product

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2
Q

Define “global interdependence”

A

Certain parts of the world depending on other parts of the world for the production and manufacturing of a good or service.

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3
Q

How does global interdependence create jobs for workers in many regions

A

Businesses hire people to work in different parts of the world to accomplish what they need to have done.

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