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economies of specialization

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  • Economies of agglomeration — The term economies of agglomeration is used in urban economics to describe the benefits that firms obtain when locating near each other. It is related to the idea of economies of scale and network effects, in that the more related firms that are… …   Wikipedia

  • Outsourcing — Spin Off; Auslagerung; Ausgliederung; Outsourcen * * * Out|sour|cing 〈[ aʊtsɔ:sıŋ] n. 15; unz.; Wirtsch.〉 Verlagerung der Produktion eines Unternehmens ins Ausland (um Produktionskosten zu senken u. die Wettbewerbsfähigkeit zu erhalten); Ggs… …   Universal-Lexikon

  • Economy of scale — Economies of scale are the cost advantages that a firm obtains due to expansion. Economies of scale may be utilized by any size firm expanding its scale of operation. The common ones are purchasing (bulk buying of materials through long term… …   Wikipedia

  • Economics — This article is about the social science. For other uses, see Economics (disambiguation). For a topical guide to this subject, see Outline of economics. Economics …   Wikipedia

  • Europe, history of — Introduction       history of European peoples and cultures from prehistoric times to the present. Europe is a more ambiguous term than most geographic expressions. Its etymology is doubtful, as is the physical extent of the area it designates.… …   Universalium

  • international trade — Introduction       economic transactions that are made between countries. Among the items commonly traded are consumer goods, such as television sets and clothing; capital goods, such as machinery; and raw materials and food. Other transactions… …   Universalium

  • Comprehensive Program for Socialist Economic Integration — Main article: History of the Comecon The Comprehensive Program for Socialist Economic Integration was set up in 1971, and laid the guidelines for Comecon activity until 1990. The distinction between market relations and planned relations made in… …   Wikipedia

  • History of the Comecon — Early yearsThe founding of the Council for Mutual Economic Assistance (also referred to as Comecon, CMEA, CEMA, or the Council) dates from a January 1949 communiqué agreed upon by the Soviet Union, Bulgaria, Czechoslovakia, Hungary, Poland, and… …   Wikipedia

  • India — /in dee euh/, n. 1. Hindi, Bharat. a republic in S Asia: a union comprising 25 states and 7 union territories; formerly a British colony; gained independence Aug. 15, 1947; became a republic within the Commonwealth of Nations Jan. 26, 1950.… …   Universalium

  • United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… …   Universalium

  • work, history of the organization of — Introduction       history of the methods by which society structures the activities and labour necessary to its survival. work is essential in providing the basic physical needs of food, clothing, and shelter. But work involves more than the use …   Universalium

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