What Are the Two Factors That Tend to Determine Whether

question 99

Essay

What are the two factors that tend to determine whether an industry will be primarily multi-domestic or primarily global?

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Definitions:

Economic Structure

Economic structure refers to the composition and workings of an economy, including how resources are allocated, industries are organized, and how economic activities are interrelated.

Worker Control

The practice or advocacy of giving workers direct control of the workplaces, including the decision-making processes and organizational structures.

Homestead Strike

was a major industrial strike in 1892 at the Homestead Steel Works in Pennsylvania, highlighting the severe conflicts between labor unions and steel companies.

Worker Control

A form of workplace organization where decision-making processes are governed by the employees rather than traditional management hierarchies.