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What is the role of Maquiladoras in globalization?
Maquiladoras are factories in Mexico that operate in a 'trade free' zone. They import parts or key components of products from other countries. When the components arrive, the workers at the maquiladoras assemble the products so they can be exported to global markets.
Why do markets exist?
Markets allow people to buy what they need to consume and sell the specialized goods and services they produce.
A major goal of many African nations is to build and produce goods for their own use?
factories
Most manufactured goods made in the South Pacific cannot compete successfully in world markets because?
factories are too small and remote
Why sugar factory of sehore had closed?
In general factories close when they become uneconomic. The cost of running them exceeds what the goods they produce can sell for.
What is the role of Maquiladoras in globalization?
Maquiladoras are factories in Mexico that operate in a 'trade free' zone. They import parts or key components of products from other countries. When the components arrive, the workers at the maquiladoras assemble the products so they can be exported to global markets.
How can globalization during the industrial revolution be to the steam engine?
Answer this question… The steam engine allowed factories to produce enough goods that businesses began more aggressively seeking out foreign markets.
How can globalization during the Industrial Revolution be traced to the steam engine?
Answer this question… The steam engine allowed factories to produce enough goods that businesses began more aggressively seeking out foreign markets.
What is the definition for capital?
Tools, machines, and factories used to produce goods.
What is the definition for capital resource?
Tools, machines, and factories used to produce goods.
Why do markets exist?
Markets allow people to buy what they need to consume and sell the specialized goods and services they produce.
What is the Investment in factories roads?
Investment in factories and roads is considered a form of fixed capital investment, aimed at improving infrastructure and increasing production capacity. Factories provide a space for manufacturing goods, while roads facilitate the transportation of these goods to markets. Overall, investing in factories and roads can lead to economic growth and development.
A major goal of many African nations is to build and produce goods for their own use?
factories
What was the importance of factories to the revolution?
they could produce weapons and other goods
What are capital resources?
Capital resources are goods produced and used to make other goods and services. They include tools, machines, and factories used to produce goods.
Most manufactured goods made in the South Pacific cannot compete successfully in world markets because?
factories are too small and remote
In the 19th century US which states had factories to produce finished goods?
Northeast and Middle Atlantic states had most of the factories, while the South was primarily agricultural.
