Re: May be the Problem
I am sure you all have heard of this before. The cost of producing a unit of merchandise is so must less when it is manufacture in the third world country as compared to about 5 times more in the USA. The American industries have shift their working habit / trend from agri/manufacturing to service oriented. Yes, we still manufacture a lot of stuff but most of these are exported to the other country to be assembled there and in turn re-exported back to the USA and consumed by the American people. Cost factor, it is still cheaper and company still make their profit do it this way. Where as to complete a produce based on the US using US labor would not be economically feasible for these multi-billion conglomerate.
I am sure you all have heard of this before. The cost of producing a unit of merchandise is so must less when it is manufacture in the third world country as compared to about 5 times more in the USA. The American industries have shift their working habit / trend from agri/manufacturing to service oriented. Yes, we still manufacture a lot of stuff but most of these are exported to the other country to be assembled there and in turn re-exported back to the USA and consumed by the American people. Cost factor, it is still cheaper and company still make their profit do it this way. Where as to complete a produce based on the US using US labor would not be economically feasible for these multi-billion conglomerate.