Part of the Trend Back Toward Localization Is Caused by Increasingly

question 44

Multiple Choice

Part of the trend back toward localization is caused by increasingly flexible manufacturing processes and:

• A) better quality products.
• B) cost factors.
• C) the fact that local products are beginning to outshine their international counterparts.
• D) growing feelings of patriotism among the general population.
• E) the efficiencies of customization made possible by the Internet.

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Definitions:

Largest Corporations

The biggest companies in the world by market capitalization, revenue, or number of employees, operating across various industries.

Means Of Production

The facilities, resources, and tools used to produce goods and services, including land, labor, technology, and capital.

Capitalism

A financial structure where capital goods are owned privately or by corporations, with investments made based on individual decisions, and where the cost, creation, and allocation of commodities are predominantly influenced by competitive forces within an open marketplace.

Fascism

A far-right, authoritarian ultranationalist political ideology and movement, characterized by dictatorial power, forcible suppression of opposition, as well as strong regimentation of society and the economy.