GGR111H5 Chapter Notes - Chapter 14: Offshoring, Deindustrialization, Offshore Outsourcing

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Origins: mid-eighteenth and nineteenth century: england in industrial era, triggered new and stable political, legal, and economic institutions throughout. Use localized energy sources meant that industries were located at those sources, and if possible at the sources of the raw materials. Iron and steel: used local ores, relied on wood for energy. Industrial landscape: cotton change: decline in home production, rise in factory production, more factories = more workers in small area. 1950s and 1960s: rise of transnationals in u. s (automobiles), nestle in switzerland, and. Circulation technologies facilitate the exchange of information and: transition to post-fordism: technological advances and globalization processes, three tech changes: 3. increase market size: these changes represent a transition to flexible accumulation making it easier for companies to take advantage of spatial variations in land and labour costs and for larger markets. Flexible accumulation: industrial technologies, labour practices, relations between firms, and consumption patterns that are increasingly flexible. Machines: the subsequent industrial restructuring takes 3 forms:

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