Economic Concepts and Outsourcing Effects

The video explores changes in the world economy, focusing on outsourcing, offshoring, and economic restructuring. It discusses the shift from industrial to service sectors, the rise of manufacturing zones in less developed countries, and the international division of labor. The video also covers economic and cultural changes, including Fordism and post-Fordism, and concludes with the concept of growth poles, highlighting their role in economic development.

What is the primary reason companies engage in outsourcing?

• To reduce costs

• To improve employee satisfaction

• To increase product quality

• To expand their brand

How does economic restructuring affect jobs in more developed countries?

• Decreases jobs in the tertiary sector

• Increases jobs in the tertiary sector

• Decreases jobs in the secondary sector

• Increases jobs in the primary sector

What is a characteristic of free trade zones?

• High tariffs on goods

• Limited access to international markets

• No customs duties

• Strict environmental regulations

Which of the following is a goal of special economic zones?

• To increase tariffs

• To restrict foreign investment

• To promote uneven development

• To enhance economic activity

What is the main factor driving the shift of the secondary sector to less developed countries?

• Lower production costs

• Stricter labor laws

• Better infrastructure

• Higher wages in LDCs

What is Fordism primarily associated with?

• Flexible production

• Decentralized management

• Assembly line production

• High-skilled labor

What does the substitution principle involve?

• Decreasing machine efficiency

• Increasing human labor costs

• Using machines instead of humans

• Replacing machines with humans

What is the multiplier effect?

• An increase in production costs

• A reduction in job opportunities

• A decrease in economic growth

• A single opportunity leading to multiple economic opportunities

What is a key benefit of just-in-time delivery?

• Increased inventory costs

• Reduced storage needs

• Delayed production schedules

• Higher transportation costs

What is a growth pole?

• A region with declining economic activity

• A zone with high unemployment

• A rural area with limited infrastructure

• A cluster of innovative and productive areas