Gaining Economies of Scale Is an Advantage of Outsourcing

question 36

True/False

Gaining economies of scale is an advantage of outsourcing.

Identify the factors contributing to global inequality and the distribution of environmental risks.

Comprehend the relationship between socio-economic status and exposure to environmental hazards.

Analyze the societal implications of technological advancements in fields such as genetic engineering on inequality.

Appreciate the complexity of environmental justice issues including the placement of heavy polluters near vulnerable communities.

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Definitions:

Coercion

The practice of forcing another party to act in an involuntary manner by use of threats, intimidation, or some other form of pressure or force.

Real GDP

Gross Domestic Product adjusted for inflation, measuring the value of goods and services produced by an economy in a given year in constant prices.

Advanced Economy

A term used to describe countries with a high level of income per capita and industrial development, along with a high Human Development Index (HDI).

Economic Growth

An increase in the capacity of an economy to produce goods and services, compared from one period of time to another.