Multinational Companies Have Created a "Global Factory" That Is Made

question 27

Multiple Choice

Multinational companies have created a "global factory" that is made possible by two kinds of technology.The first allows things to be transported quickly from place to place.The second __________.

• A)permits profits to be hidden from national governments
• B)divides the production process into component operations that can be moved to areas of cheap labor
• C)allows the fabrication of products from synthetic materials,lowering raw material costs
• D)allows investors to recover investments rapidly in speculative markets
• E)trains workers in a single language,facilitating managerial control

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Definitions:

Family of Two

A term used to describe a household consisting of two members, reflecting on their living arrangement, financial planning, and daily life dynamics.

Equitable Hourly Income

An approach towards income distribution where all individuals receive fair wages based on hours worked, ensuring equality.

Minimum Wage

The lowest legal wage that can be paid to most workers, set by law or statute, aimed at protecting the economic well-being of workers.

Fair Compensation

Adequate payment for work performed, ensuring workers receive equitable wages that reflect their contributions and living needs.