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QUESTION 1 The first unbundling made it possible to separate the location of production from consumption, and the second unbu
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The first unbundling was mostly about the geographical separation of consumption and production that was made possible by the steam revolution, especially railroads and steamships, leading to lower transportation costs and turning profitable to produce at vast scales. The second unbundling is the geographic separation of each manufacturing stage, organized in 'global value chains'.

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