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sertanlavr [38]
4 years ago
12

The components of Nike tennis shoes are produced in different parts of the world. The final assembly of the shoes is completed i

n China. Thereafter the shoes are shipped to the United States, where David purchases a pair at a suburban mall in Denver. Of the following economic phenomena, which does this scenario best represent? a. economic restructuring b. outsourcing c. skill-biased technological change d. globalization
Social Studies
1 answer:
Minchanka [31]4 years ago
5 0

Answer:

Globalization

Explanation:

  • Economic restructuring: it refers to the phenomenon of shifting between two types of economies (from a manufacturing to service economy or agricultural to manufacturing economy)
  • Outsourcing: refers to obtains good from an outside supplier instead of from an internal source.
  • Skill-biased technological change: is a shift in production that favors skilled over unskilled labor.
  • Globalization: it refers to the interdependence of the world's economies, cultures, and populations by cross-border trade of goods and products.

In this example, the components of Nike tennis shoes are produced in <u>different parts of the world, assembled in China and sent to the States.</u>

Since this refers to the interdependence of different countries economies, this is an example of Globalization.

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The correct answer to the following question will be "Values and Norms".

Explanation:

  • General values are ideals that determine what is right and what is wrong. Norms are laws and obligation which define how people in different social circumstances should and shouldn't act.
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Therefore, <u>opion leaders</u> is correct

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Answer:

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Explanation:

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3 years ago
Read 2 more answers
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