Patterns of production, distribution and consumption Flashcards

1
Q

Pattern of production

A

Division of labour between HICs with highly skilled workers and LICs with low skilled workers
Rising tiger economies, BRICs and MINTs
HICs lost manefacturing sector`

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2
Q

Car industry example

A

Ford
Relocated to Mexico (part of NATFTA)

US car industry revitalised by Toyota

Japanese investment in UK

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3
Q

Pattern of distribution

A

Product consumption in HICs

As NEEs become more affluent they want similar products

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