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Lenovo's ThinkPad laptop computers is designed in the United States, the case, keyboard, and hard drive are made in Thailand; the display screen and memory in South Korea; the built-in wireless card in Malaysia; and the microprocessor in the United States. In each case, these components are manufactured and sourced from the optimal location given current factor costs. In this example, Lenovo has:
Technological Advances
Progress or improvements in technology, leading to the development of new products, services, or methodologies.
Affluence
A state of having a great deal of wealth or abundant resources, often associated with high living standards and economic prosperity.
Financial Well-Being
The state of being financially healthy and stable, including the ability to meet current and future financial needs.
Paradox of Progress
The phenomenon where technological and societal advancements, intended to improve life, lead to increased stress, complexity, and a perceived decrease in life quality.
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