Complex Patterns of International Labor and Production Processes Are Termed

question 83

Multiple Choice

Complex patterns of international labor and production processes are termed ___________.

• A) a world system
• B) global commodity chains
• C) transnational corporations
• D) postmodern production

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Definitions:

Marginal Tax Rate

The rate at which the last dollar of income is taxed, indicating the percentage of additional income that will be taken as tax.

Income Increases

A rise in the amount of money received, especially on a regular basis, by an individual or group.

Progressive Tax

A tax system in which the tax rate increases as the taxable amount increases, thereby imposing a higher percentage rate on higher-income earners.

High-Income

Earning a substantial amount of money, typically above the median income level in a given region or country.