GEOG 1F90 Lecture Notes - Lecture 2: Life Savers, Old Navy, Walmart

• School: Brock University
• Department: Geography
• Course: GEOG 1F90
• Professor: Chris Fullerton

Document Summary

International production economy strong enough: begi(cid:374)(cid:374)i(cid:374)g of (cid:862)(cid:373)ulti-(cid:374)atio(cid:374)al(cid:863) (cid:272)o(cid:396)po(cid:396)atio(cid:374)s, goods/service production in more than one country, factories, mines, plantations, offices, but management & administration still in home country. Less will to remain in one place (even home country: a(cid:272)ti(cid:448)ities (cid:272)o(cid:374)sta(cid:374)tl(cid:455) shifted fo(cid:396) (cid:862)e(cid:272)o(cid:374)o(cid:373)i(cid:272) effi(cid:272)ie(cid:374)(cid:272)(cid:455)(cid:863, tnc"s also take ad(cid:448)a(cid:374)tage of (cid:272)o(cid:373)petitio(cid:374) a(cid:373)o(cid:374)g pote(cid:374)tial desti(cid:374)atio(cid:374)s, communities pitted against each other when desperate for jobs- making offers. La(cid:396)ge tnc"s (cid:272)oo(cid:396)di(cid:374)ate p(cid:396)odu(cid:272)tio(cid:374) (cid:374)et(cid:449)o(cid:396)ks (cid:271)ut the(cid:374) asse(cid:373)ble product themselves for final consumption: most common in capital & technology intensive manufacturing industries, e. g. cars, aircraft, electronics, e. g. Large retailers, brand-name merchandisers, trading companies: decentralized production networks in a variety of exporting countries, power exerted over suppliers to produce cheap, fast, and high-(cid:395)ualit(cid:455) ikea, old na(cid:448)(cid:455), wal- The global economy: economic globalization has resulted in, growing interconnections among places. Life savers (candy: before 2003- made in michigan & hamilton, on, after 2003- moved to quebec.