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When Companies Move Their Production Facilities Around the World to Take

question 12

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When companies move their production facilities around the world to take advantage of cheaper labor and lower taxes, what do anthropologists call this?


Definitions:

Less-Developed Nations

Countries with low levels of industrialization, low living standards, and low Human Development Index (HDI) scores.

Industrially Advanced Countries

Nations that have highly developed industries and infrastructure, often exhibiting high standards of living, stable economies, and technological advancements.

Developing Countries

Nations with a lower level of industrialization, income, and standard of living compared to developed countries.

World Bank

A worldwide financial agency that disburses loans and grants to poorer countries' governments for capital project endeavors.

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