Globalization and Economic Restructuring Have Had Strong Impacts on the Shape

question 27

Essay

Globalization and economic restructuring have had strong impacts on the shape of cities in the United States and abroad. What are these major impacts? How do they differ between cities in the "core" and "periphery"?

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Definitions:

Materials Price Variance

The difference between the actual cost of materials used in production and the standard or expected cost of those materials.

Kilograms

A metric unit of mass equivalent to one thousand grams, commonly used worldwide for measuring weight of objects.

Labor Efficiency Variance

The difference between the actual number of labor hours used in production and the standard hours expected for that level of production, multiplied by the standard hourly labor rate.

Particular Product

A specific item or commodity that is produced or sold by a business.