Final answer:
The rising labor costs in MDCs, growth of transnational corporations, and outsourcing of manufacturing have led to job loss and unemployment in MDCs, as well as the rise of sweatshops in developing countries.
Step-by-step explanation:
The rising labor costs in more developed countries (MDCs), growth of transnational corporations, and the outsourcing of manufacturing have produced several effects.
- Job loss in MDCs: As transnational corporations outsource their manufacturing to countries with lower labor costs, many well-paid working-class jobs in more developed countries have been lost, leading to rising levels of inequality.
- Unemployment in MDCs: The outsourcing of manufacturing and service-industry jobs to developing countries has resulted in increased unemployment in some more developed countries.
- Sweatshops and poor working conditions: The outsourcing of manufacturing to countries with weaker environmental regulations has led to the rise of sweatshops, where poorly paid workers labor in dangerous environments.