Which term describes corporations drawing from labor around the globe for different components of production?

Which term describes corporations drawing from labor around the globe for different components of production?

• A. Global division of labor
• B. Intermodal connections
• C. Deindustrialization
• D. Fordist production

Answer: (A)

Global division of labor describes how production is broken into different tasks that are carried out in various countries, with firms choosing where to design, manufacture, assemble, or service components based on cost, skills, and regulations. This creates worldwide supply chains where each country specializes in particular parts of the process, drawing on labor from around the globe. The other terms don’t capture this pattern: intermodal connections relate to moving goods using different transport modes, deindustrialization refers to declines in manufacturing activity in a region, and Fordist production describes early mass production with standardized tasks—neither describes the global fragmentation of production across borders.

Global division of labor describes how production is broken into different tasks that are carried out in various countries, with firms choosing where to design, manufacture, assemble, or service components based on cost, skills, and regulations. This creates worldwide supply chains where each country specializes in particular parts of the process, drawing on labor from around the globe. The other terms don’t capture this pattern: intermodal connections relate to moving goods using different transport modes, deindustrialization refers to declines in manufacturing activity in a region, and Fordist production describes early mass production with standardized tasks—neither describes the global fragmentation of production across borders.