Tuesday, November 27, 2012
In class today we talked about the economic relation between the United States and China.We could either make stuff in China and make the cost cheaper or we could have jobs in America but the would go up. Company's started taking their factories to China because there is no minimum wage. They could make more money and would have more quantity but it's not like people are China are going against this because everyone is competing for a job. While in the United States, people jobs are taken away because the factories laid them off. In America they had to pay less people more but the quantity is the same. This is a huge dilemma that is going on right now.
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