Examples of Vernon's product cycle are:

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Vernon's product cycle theory primarily applies to industrial products and technologies that go through stages of innovation, growth, maturity, and decline. Clothing and shoes, especially in the context of the 20th century, are good examples of products that have moved through these stages, often starting in more developed countries and then shifting production to developing countries as they become standardized and labor-intensive. Gold mining and farming do not fit as neatly into this model, as they are resource-based and not as subject to the same innovation and standardization processes.

Examples of Vernon's Product Cycle Are