In class we discussed about importing/exporting. They both can be good and bad for our economy. The good about importing is that we can get more of something for a lot cheaper. The good about exporting is that we can acquire more revenue. Since we have to ship it, that normally justifies an inflate of the price. The bad part of importation is losing jobs in our own country. For example we import steel from Japan, that caused a lot of American steel mills to close. A lot of people lost their jobs, increasing poverty rates in America. The problem with exporting is that they might focus more on the goods going out then the goods staying. Since they would generate more revenue they would focus on keeping that revenue up. This could shift focus into importing goods, impacting the quality of goods that stays here. Everyone has something that is imported, just look in your closest. I looked at 10 articles of clothing and 6 was made in China. Rhodes clothes were 3 button up shirts, 2 pairs of shorts, and 1 pair of pants. 3 other button up shirts were made in different countries; 2 in Bangladesh, and 1 in Mauritius. Finally, 1 pair of shorts were made in the Philippines. This just shows how heavily America relies on imported products. The corporations do this simply to save money on material as well as labor.
3/8/2019
Sociology Blog 