GEOG 2200 Lecture Notes - Lecture 4: Avail, Advanced Manufacturing, Outsourcing
24 Mar 2018
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Document Summary
Externalizing manufacturing: making things, the industrial production of things. Reasons for outsourcing or moving production facilities out of region: labour and environment regulations miminal and poorly enforced, trade in other parts of world, asia, central america and mexico has increased. Over 1. 5 million) has been a leader in connecting these leaders: outsourcing cheap labor and bringing the products back to. Vietnam, bangladesh: shift from manufacturing was the largest employer but now walmart, a retail is, making things is not as big resource of labor anymore. Cheap agriculture exports, farm business, remittances: means agriculture as a big business, mega corporation. Food spending around the world: households in poorer countries spend larger budget on food compared to richer countries, food as proportion of budget, the more you make, the budget percentage on food decreases. Student makes 20k a year 6k on food = 30% on budget.
