To watch this clip, click here!
This entertaining animated video suggests that Wal-mart's low prices can be traced to low-cost labor from China. Once all US manufacturing jobs are outsourced to the "slums of Beijing" the only place US workers will be able to find work is at big box stores. Great discussion starter about outsourcing. Warning: contains occasional mild language.
Contribution from Beth Heynes of Brigham Young University-Hawaii
- Your Thoughts
- Was this helpful to you? (0 votes)
- Tags
- Related Content
-
-
- Absolute vs. Comparative Advantage
- opportunity cost, goods, exchange, absolute advantage, co...
-
- Allentown
- Unemployment, modernization, development, education and p...
-
- For the First Time
- Unemployment
-
Ask Dirk Now!
Students, got an econ question?
- Who's Dirk?
- More on the man, himself. Meet Dirk
- Econ Media Library
- Check out multimedia tools, videos and more in our Media Library
What People are saying...