A Small Cluster of Three Countries (China, Malaysia and Korea)

question 5

Multiple Choice

A small cluster of three countries (China, Malaysia and Korea) are creating a reputation for this type of outsourcing.

• A) Farshoring
• B) Nearshoring
• C) Cloud computing
• D) Captive center
• E) Full outsourcing

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Definitions:

Overpopulation

Refers to a situation where the number of people outstrips the resources available to sustain them adequately.

Capitalism

An economic system characterized by private or corporate ownership of capital goods, investments determined by private decisions, and prices, production, and the distribution of goods determined mainly by competition in a free market.

Prosperous Regions

Geographic areas distinguished by high levels of wealth, economic activity, and overall well-being.

Population Growth

The increase in the number of individuals in a population, often examined in terms of rate and factors affecting it over time.