Outsourcing - The movement of jobs to third world countries in order to create cheaper labor, and to maximize profit. Outsourcing can benefit or destroy third world countries. First off, it helps their economies when a big company such as Nike moves one of their factories into a third world country. It usually pollutes the environment which is a very negative thing. Although these larger companies are moving in and helping the economies, outsourcing can be seen as a positive or negative thing.
This video represents how outsourcing is used. (parody)
This video represents how outsourcing is used. (parody)