How do capital flight and deindustrialization affect high-income economies?

What will be an ideal response?


Capital flight—the movement of jobs and economic resources from one nation to

another—negatively affects high-income economies because transnational corporations

have found a ready-and-willing pool of workers worldwide to perform jobs for lower

wages. In the United States and other industrialized nations, the process of

deindustrialization—the closing of plants and factories because of their obsolescence or

the movement of work to other regions of the country or to other nations—has

contributed to shifts in the global marketplace.

Sociology

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Weather events that cause damage of more than $1 billion are becoming __________. The year __________ holds the U.S. record for the number of these events that occurred in a calendar year.

A) less frequent; 2001 B) more frequent; 2017 C) more frequent; 1995 D) less frequent; 1960

Sociology

Iana just bought her parents' restaurant because they wanted to retire. She wants to make some big changes to the restaurant, including making all the employees feel like part of a big family. In other words, she wants to increase the social integration of the group. What would NOT be a good way for her to accomplish this, according to a sociologist interested in social integration?

A. create clear work routines so new workers can become quickly integrated B. have weekly meetings so workers feel that they are contributing to the new direction of the restaurant C. raise the job criteria tremendously and fire anyone who cannot perform at the new level D. stress common values and goals so people will feel a common sense of purpose

Sociology

Mumbai is characterized as a city of contrasts because

A. so many people are living in slums, and 224 million people live below the poverty line. B. while it is the entertainment and financial capital, 41 percent of its people live in slums. C. the number of luxury buildings is increasing even as the number of millionaires is decreasing. D. people want to live in skyscrapers to avoid the effects of excessive noise and pollution.

Sociology

Socialization occurs primarily during early childhood. By adolescence, very little socialization takes place.

Answer the following statement true (T) or false (F)

Sociology