Identify and Discuss Some Traits of the New Form of Imperialism

question 69

Essay

Identify and discuss some traits of the new form of imperialism associated to transnational corporations.

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Definitions:

Inefficient Use

Utilization of resources in a way that is not optimal or does not maximize the potential outcome or benefit.

Economies of Scale

The economic benefits that companies gain from their size of operations, usually with the expense for each produced unit going down as the production volume goes up because fixed expenses are distributed across a larger number of units.

Range of Output

The spectrum of production output levels within a manufacturing or production process, from minimum to maximum, based on capacity, demand, and resource availability.