Thursday, November 29, 2012
More of the Video
During class today, we once again continued watching the video, "People's Republic of Capitalism". During this part of the video, we learned how every country relies on each other. This is called interdependence. For an example, we need China because China makes products for lower pay. This then let's us have lower prices in the United States. An example of this Wal-Mart. Wal-Mart gets most of their products from China. Wal-Mart slogan is "Everyday low prices". This is why Wal-Mart gets a lot of business, because of their low prices. Another example of interdependence is that China needs us to keep buying their products so they can make money and so people will get their jobs. If we didn't buy products from China a ton of people there, like in the United States, would lose there jobs. One more example of interdependence is how the Mexicans in Mexico needs us to help them get jobs. Illegal immigrants from Mexico cross the boarded into the United States to get jobs and make money. These are just a few examples of interdependence.
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