international shift in industry Flashcards
important industrial regions outside of namerica and urope
east asia
south asia
latinamerica
east asia plans
they will eventually pull ahead of europe as indutrialization takes place
south korea makes
large container ships
steel and fabricated metal
south asia is led by
india
india produces
textiel
india’s gdp will match USA in —–
2050
nearest low wage region to the usa
latin america
brazil leads
latin america
mdcs have been losing theses key industries
steel and clothing
today’s world producer of steel
china
labor intensive industries have been attracted to
LDCS
what is the new international division of labor
selective trandfer of some jobs to LDCS -usually low pay, low skill
whats outsourcing
deision by a corporation to turn over muc hof the responsibilities of production to independent suppliers
ehats vertical integration
a company controlls all phases of a highly complex producion process
how does outsourcing impact distribution of manufacturers
each step in the production process is scrutinized to find the best location possible