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AP Human Geography
Unit 7 – Industrial and Economic Development
Topic 7.7
What is outsourcing as related to global economies?
The act of investing money abroad for economic benefits.
The practice of transferring certain job functions to outside companies instead of handling them in-house.
The strategy to increase internal efficiency by dividing tasks among employees based on their skills.
The process by which jobs are relocated to countries with cheaper labor costs.
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AP Human Geography - 7.7 Changes as a Result of the World Economy
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Outsourcing
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About Us
About Fiveable
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Careers
Testimonials
Code of Conduct
Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
Report an Issue
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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