3 ms·
It actually worked in manufacturing but it had some negative externalized long term negatives for the US. The long term negative is that the country lost innova
by babesh 6y ago
It actually worked in manufacturing but it had some negative externalized long term negatives for the US. The long term negative is that the country lost innovation ability in those areas. The countries that manufacturing was outsourced to are gradually or have become the innovators in those areas.
For higher end companies, it wasn’t outsourcing. It was remote offices. The expertise still does move to those countries.