More of the Video

During class today, we continued watching the video, "People's Republic of Capitalism". During this part of the video, we learned how every country relies on each other. This is called interdependence. For an example, we need China because China makes products for lower pay. This then lets us have lower prices in the United States. An example of this Wal-Mart. Wal-Mart gets most of their products from China. If you look at all of the items in Wal-Mart 95% of the products are made in China.  Wal-Mart slogan is "Everyday low prices". This is why Wal-Mart gets a lot of business, because of their low prices. Another example of interdependence is that China needs us to keep buying their products so they can make money and so people will get their jobs. If we didn't buy products from China a ton of people there, like in the United States, would lose their jobs. One more example of interdependence is how the Mexicans in Mexico need us to help them get jobs. Illegal immigrants from Mexico cross the boarded into the United States to get jobs and make money.