When companies move their production facilities around the world to take advantage of cheaper labor and lower taxes, this is called:

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Flexible accumulation refers to the process by which companies move their production facilities around the world to take advantage of cheaper labor and lower taxes. It is a strategy of global capitalism that is facilitated by advances in transportation and communication technology, as well as by the creation of free trade agreements and other policies that promote transnational investment and production.

When Companies Move Their Production Facilities Around the World to Take