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How is production different in these …

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How is production different in these days as compared to the middle of 20th century ?

Posted by Anshika Suhag 5 years, 4 months ago

CBSE > Class 10 > Social Science

1 answers

Yogita Ingle 5 years, 4 months ago

Production is different today than the middle of the 20th century in the sense that production is now globalized. Hence, different parts of same production process can be undertaken in different countries. For example, a corporation like Apple designs in phones and computers in California, USA but manufactures them in China.

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CBSE > Class 10 > Social Science