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`
2
Q
Car industry example
A
Ford
Relocated to Mexico (part of NATFTA)
US car industry revitalised by Toyota
Japanese investment in UK
3
Q
Pattern of distribution
A
Product consumption in HICs
As NEEs become more affluent they want similar products