According to the______________theory,commodity production is being split into fragments that can be assigned to whichever part of the world can provide the most profitable combination of capital and labor.
A)world systems
B)new international division of labor
C)dependency
D)modernization

Question

Quizplus · Accepted Answer

The new international division of labor theory suggests that commodity production is being divided into smaller segments that can be assigned to the region of the world that offers the most cost-effective combination of capital and labor. This theory emerged in response to the phenomenon of globalization, which has enabled companies to source goods and services from around the world. The exploitation of cheap labor in developing countries is a key feature of this theory, as is the idea of a global hierarchy of production, in which certain countries specialize in certain segments of the value chain.

According to The______________theory,commodity Production Is Being Split into Fragments That