1. Globalization: Geo-economic Change
This form of business infrastructure is relatively new and therefore makes it difficult to compare the methods by which the economy was once structured to that of our current global economy. ... Incomparable to past production methods, these new TNCs are no longer restricted to previous limitations of time and space. ... This form of post-Ford capitalism takes advantage of all feasible methods of creating the lowest possible production costs, and the highest possible productivity, "creating what has become known as a new international division of labour (NIDL)" (Wright, 69). ... Though i...
- Word Count: 1722
- Approx Pages: 7
- Grade Level: Undergraduate