The movement of jobs and economic resources from one nation to another is termed ___________.
A) divestment
B) capital flight
C) south-to-south migration
D) deskilling

Question

Quizplus · Accepted Answer

Capital flight refers to the movement of jobs and economic resources from one nation to another, often due to a variety of factors including labor costs, tax incentives, and favorable government policies in the receiving country. Divestment refers to the process of selling off assets or shares in a business or corporation, which may or may not result in job or resource relocation. South-to-south migration refers to the movement of people from one region or country in the global South to another, whereas deskilling refers to the loss of skills or knowledge among workers due to changes in job requirements, technology, or other factors.

The Movement of Jobs and Economic Resources from One Nation