answersLogoWhite

0


Best Answer

Triangle manufacturing 1970s/ 1980s term that explains when buyers place orders with companies in Tiger Economies, these companies act as 'middlemen', subcontracting the production in low wage countries usually in south East Asia. These goods are then shipped directly to buyers and the triangle is completed. It is common practice in 'buyer-driven' commodity chains and is of relevance to Economic Geography and Global Production Chains/ Global Commodity Networks. Motives for subcontracting out is to incur a lower marginal cost of labour, especially relevant in East Asian Countries where there are upward pressures on wage rises amongst specialized division of labour. Outsourcing allows middleman to generate surplus value without incurring sunk costs of capital or their own factories.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Define triangular manufacturing in terms of economics?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Define globalisation in terms of economics?

Explain the role of an economist


Define 'want' in busines terms?

define 'Want' in marketing terms


Who coined the terms Micro Economics and Macro Economics?

Ranger Frisch coined these two terms in 1933.


The terms micro economics and macro economics were coined by?

Ragner Frisch.


How are defined terms and undefined terms relate to each other?

"Defined items" are defined in terms of "undefined terms".


What does pharmeceutical manufacturing involve in terms of drug manufacturing?

Pharmaceutical manufacturing, in terms of drug manufacturing involves industrial scale production of drugs. Automated systems, quality control and traceable product codes are all requirements for safety and efficiency.


What are the define terms of geometry?

are you asking for help on finding definition for geometric terms? if so go to: http://library.thinkquest.org/2647/geometry/glossary.htm#b and to wikipedia for x and j terms


Is it possible to define all th terms in geometry including the three terms?

the three terms; point, line and plane can be defined although it is called the undefined terms still we know and we can define the meanings of that terms.. common sense? joke.


Define Ecosystem in terms of inputs and outputs?

define output and input ecosystem/


Is there a program that you can insert a list of terms and it will define them?

No.


Can you define these terms Reform?

Change to comply


Define economics using the following terms allocation distribution goods resources production and services?

I am presuming that economics refers to a certain type of science that serves with the inquiry of consumption of goods, allotment/allocation distribution, and both the production and distribution of services and goods. Economics can help solve the problem of resource recycling for the benefit of mankind.