Why might developed economies want to outsource manufacturing and other jobs to developing countries

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Messiah Terrell

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28 December, 09:12

Why might developed economies want to outsource manufacturing and other jobs to developing countries

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Audrina Parrish · Answer 1

Labor costs (what workers are paid per hour) are often much less expensive in developing countries, so it tends to cost far less to produce a product in a developing country than in a place like the US.