A Flat World and Outsourcing
A Flat World
A flat world is the world becoming globally interconnected, allowing businesses to compete equally. Outsourcing is when a company has certain jobs done outside in the company. Businesses often do this when they do not have the specific skills or knowledge for a specific job. They many do outsourcing to save money.
How Does this Effect Future Jobs?
- U.S. loses jobs for Americans
- Job loss leads to people living off government assistance because it is difficult for them to find another job