Outsourcing Global
What motivates companies to use outsourcing?
What type of unemployment is characterized by the loss of jobs due to global outsourcing? If the limits set by the government to prevent the loss of jobs? If the government is not limited to, violating free market principles.
Hello Evan, outsourcing began with NAFTA, or North American Agreement on Free Trade between Canada, the United States and Mexico. U.S. started outsourcing work to Mexico because a) they could pay much less than Americans Mexican b) the cost of land is much cheaper and, finally, in Mexico I had absolutely no regulation of pollution. So while the United States began to talk about the cleanliness of their environment, they were just a game shell using other countries instead of polluting it. Then the world economy was an important factor. First it was manufacturing jobs and many jobs in service industries are outsourced to countries like China and India. I think there was not much forethought by industry or government on how it might affect the economy of North America. Now, we are certainly feeling the impact of mass layoffs. It is equivalent to one in the world (economic) earthquake of land. There is a possibility that North America could become a third class unless something drastic happens, and quickly.
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