The practice of locating plants that produce products for American markets in Third World nations where the corporation can take advantage of lower wage rates is sometimes referred to as _____.

Question

​The practice of locating plants that produce products for American markets in Third World nations where the corporation can take advantage of lower wage rates is sometimes referred to as _____.

Quizplus · Accepted Answer

Deindustrialization refers to the process where companies move production facilities to countries with lower labor costs, often resulting in reduced industrial activity in the home country.

​The Practice of Locating Plants That Produce Products for American

The Practice of Locating Plants That Produce Products for American