In January 2015, Jimmy bought a t-shirt for his son from the Gap store. In April of the same year, he went back to get a different color of the same t-shirt for his nephew only to be told that the t-shirt was out of stock because the producer has changed its style and production site. Jimmy's experience illustrates one of the following features of commodity chains. Which is it?
a. globalization of tastes
b. short-term cycle of production
c. global identity exploration
d. commodification of labor
b. short-term cycle of production
You might also like to view...
African Americans are more likely than European Americans to hold a broad view of family
Indicate whether the statement is true or false
__________ is an economic system based on private property and market exchange
a. Capitalism b. Communism c. Entrepreneurship d. Socialism
Why is there so little social mobility?
A. The U.S. has a caste system. B. The wealthy have been able to eliminate their social capital while lower-income people still have theirs. C. Parents pass on their wealth and social capital (or their lack of it) to their children. D. Actually, there is quite a bit of upward social mobility.
In the crisis period following a divorce, children generally face a number of situations that they must learn to cope with. List three of these
Fill in the blank(s) with correct word.