Question
Major American companies that used to manufacture their goods in the United States are now manufacturing their goods in China because Walmart puts enormous pressure
Major American companies that used to manufacture their goods in the United States are now manufacturing their goods in China because Walmart puts enormous pressure on the company to lower prices.This is because its practice is to tell a manufacturer what it will pay for a good.If the company wishes to sell its goods in a Walmart, it will lower prices. This is good for you because you get goods at a lower price. But, local companies may lay off employees either from the pressure of pushing price lower or from a Walmart moving into the neighborhood.Are lower prices worth it? Is it a net good or net bad in your mind
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