Question
To ease your writing burden, I have created the following assignment for your first paper in this course: 1. Watch a PBS documentary that examines
To ease your writing burden, I have created the following assignment for your first paper
in this course:
1. Watch a PBS documentary that examines Wal-Mart and its impact on the US
economy.
2. After watching the video, write up answers to any, or all, my 4 questions using
some of the economic terms that we have discussed in this course.
To watch the video, it's free, go to the following website:
http://www.pbs.org/wgbh/pages/frontline/shows/walmart/view/
Watch the episode on the Frontline web page titled "Is Wal-Mart Good for America."
You can watch it on campus if you do not have a computer at home. Then answer the
following questions:
1. In your opinion does Wal-Mart benefit America, lower prices for goods, more than it
costs in terms of jobs lost to overseas suppliers.
2. Provide at least three examples from the episode where you observed one of the ten
principles of economics.
3. List the arguments in favor of outsourcing and those that are against it.
4. In 1994, President Clinton said that new trade agreements would form market for
American products in China. What happened to the United States companies after
opening trade with China? Include statistics, companies and places.
Support your opinion with logical and economic reasoning.
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