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Is it economically efficient for the US to move low-skilled jobs to Mexico Explain your answer?
Wiki User
∙ 11y ago
Yes. Wages for Mexican workers are a quarter of what the average American is paid. Also, the maquiladora program in Mexico allows for relaxed environmental laws, less taxes and no import/export taxes. This allows to cut costs and improve the business bottom line.
Wiki User
∙ 11y ago
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How the global fashion industry has made countries interdependent?
as you know there are two names for a country, it is either LEDC or MEDC LEDC=less economically developed country ( mexico,india, brazil, africa ) MEDC=more economically developed country (england, n.america, france ) and when it ccomes to fashion or trade or genral "globalisation" the countries rely on each other for goods. FASHION INDUSTRY- they rely on the low prices of raw material and cheap labour prices. (sweat shops ) FOOD INDUSTRY-they rely on shipping, and food prices around the world.
What city is the economic center of Mexico?
Monterrey , Mexico. ( Municipality , San Pedro Garza Garcia )
What is the cultural political and economic center of Mexico?
Mexico City. :)
How is southern Mexico and northern Mexico alike?
Both are part of Mexico, and that's pretty much it. Both regions are opposite in terms of economy, population, cultural traits and even ethnicity:Northern Mexico is industry-oriented while southern Mexico is mostly ruralNorthern Mexico is sparcely populated while southern Mexico has a much bigger population density.Northern Mexico is dominated by the Sonoran and Chihuahuan deserts while southern Mexico has a tropical, humid climate.Northern Mexico's ethnicity is in general terms, "paler" than the rest of the country due to European immigration throughout the 19th century; southern Mexico tends to be "darker" due to several Native American peoples that survived the contact with Europeans.Northern Mexico is more akin to the southwestern US -- in fact, the cowboy culture was "invented" in Mexico -- while southern Mexico has more affinity to Central America.
What are some advantages of Mexico's economic system?
in Mexico the food is good
Which is considered more economically developed Mexico or Canada?
Because Canada is less corrupt than Mexico.
What is a LEDC Mexico?
LEDC = Less Economically Developed Country. Mexico falls within this category, as it isn't fully industrialized.
Are Argentina japan Mexico russia australiabrazil Saudi Arabia medc?
MEDC (More Economically Developed Country): Japan, Australia LEDC (Less Economically Developed Country): Argentina, Mexico, Russia, Brazil, Saudi Arabia
What is the economic situation in Monterrey Mexico?
It is one of the most economically advanced cities in Mexico, with a GDP per capita of US$46,634 (2010).
What is dangerous in Mexico City right now?
To stay late in certain neighborhoods which are "economically challenged".
How would you explain new Mexico's biome?
is alright
Is Mexico an LDC?
I guess you mean "least developed country" or "medium developed country". It is neither.According to the scale you are using, Mexico falls within the category of "High developing countries", just below the likes of Chile, Hungary or Poland.MEDC
Strengths and weaknesses in Mexico?
Mexico has an efficient work force which is unparalleled this side of Asia, but they also have an outdated government which is even more corrupt than that of the US.
How did early civilizations of Mexico and central America develop socially politically and economically?
The early civilizations of Mexico throughout (Central) America developed socially by sending messengers along at least 10,000 mile roads.
Two reasons explain why the United States had little trouble seizing California and New Mexico from Mexico?
It was sparsely populated.
How did the early civiliation of Mexico and central America develop socially politically and economically?
Early civilizations of Mexico and central America developed socially politically and economically by making and helping citizens have food and made sure they didn't starve . Also they had great farming techniques which helped grow crops like corn, and beans
How many people are unemployed in Mexico city?
From an economically active population of 12.06 million people, unemployment rate in Mexico city is estimated at 6.65% or 802,000 people without a job.
