Many large corporations-Walmart, General Motors, and others-routinely operate larger numbers of factories in places like China in order to take advantage of very cheap wages, putting workers in their home country out of a job. What is this an example of?

Question

Quizplus · Accepted Answer

This is an example of flexible accumulation, which refers to the practice of multinational corporations seeking out the most profitable locations for production, often at the expense of workers in other countries.

Many Large Corporations-Walmart, General Motors, and Others-Routinely Operate Larger Numbers