A Production System in Which Services Dominate the Value of the Product

question 40

Multiple Choice

A production system in which services dominate the value of the product is known as a(n) _____ system.

• A) production
• B) manufacturing
• C) service
• D) component
• E) raw

Identify and evaluate the impact of globalization on labor practices, including the global assembly line, outsourcing, and labor exploitation.

Analyze the role of major international institutions (e.g., IMF, World Bank) in shaping global economic policies and their criticisms.

Comprehend the significant concepts and theories intertwined with globalization, such as social inequality and cultural homogenization.

Explore the effects of globalization on economic structures, including the movement of manufacturing jobs and the distribution of wealth.

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Definitions:

Task System

A labor system, particularly used in the context of slavery, where enslaved individuals were assigned specific tasks to complete each day.

Autonomy

The right or condition of self-government, often within a larger organization or nation, allowing for a degree of independence in decision-making processes.