The division of labor in the early 1930s initiated the second industrial revolution. Henry Ford got the idea of splitting tasks between as many people as possible to reduce the time required to go through each stage of the production. Nowadays some argue that we are experiencing a third revolution where the focus would shift towards globalization, that is to say the division of labor as it is led by multinational companies and other factors.
[...] London: John Murray, pg Knox, P., Agnew, J., (1994). The Geography of the World Economy. London: Arnold Publishers, pg.17. Knox, P., Agnew, J., (1994). The Geography of the World Economy. London: Arnold Publishers, pg Knox, P., Agnew, J., (1994). The Geography of the World Economy. London: Arnold Publishers, pg. 17. [...]
[...] These disparate nations are referred to by Knox as the “oil-rich countries like Saudi Arabia, Iran, Libya and Venezuela, together with one or two small export-processing countries like Hong Kong or Singapore ( ) and countries like Chile, Brazil, Malaysia, Uruguay and South Africa ( ) generate a GNP per capita that is around 10 times that of their regional neighbours”[4]. This world map would not be complete if it was not for the large periphery, ignored by the globalization process because the periphery is incapable or unable to attract multinationals and capitals. This map, extracted from the 1997 World Development Report issued by the World Bank, sums up this new international division of labor as laid down by Knox. Bibliography Ricardo, D. (1817). On the Principles of Political Economy and Taxation. [...]
[...] The spatial aspects of the modern division of labor and its role in the process of globalization The division of labor in the early 1930s initiated the second industrial revolution. Henry Ford got the idea of splitting tasks between as many people as possible to reduce the time required to go through each stage of the production. Nowadays some argue that we are experiencing a third revolution whose main feature would be globalization, that is to say the division of labor as it is led by multinational companies and other factors. [...]
[...] London: John Murray. Knox, P., & Agnew, J. (1994). The Geography of the World Economy. London: Arnold Publishers. World GNP per capita from the World Development 1997 World Bank, Retrieved March Website: http://www.geog.psu.edu/courses/geog103/GNP.jpg Welter, P. (2005) Germany profits from international division of labor, Retrieved March from Yale Global Online. Website: http://yaleglobal.yale.edu/display.article?id=5659 Ricardo, D. (1817). On the Principles of Political Economy and Taxation. [...]
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