More about the Video

We continued watching the video "People's Republic of Capitalism" during class today. We practically talked about the same thing that we talked about yesterday, how countries rely on each other. I also learned that it is better that China keeps making the products that we use here even though people here lose their jobs to the Chinese. It's better if the Chinese keeps making them because we get them for cheaper. If we didn't buy our goods and products from China then everything would be A LOT more expensive because it would be made here in the United States. It would be more expensive because the companies that are selling these good have to pay their works a lot more money than the bosses in China have to pay theirs. People in China will work for a fraction of what people here in the US get paid every hour. But then, this is also bad because a lot of people here in the United States lose their jobs and have to find a new one even if they are a little older and shouldn't really be looking for one. But would you rather have a job with more expensive products or less expensive products and a job? It is all a matter of an opinion whether this is good or bad.