We continued watching the
video "People's Republic of Capitalism" during class today. We
practically talked about the same thing that we talked about yesterday, how
countries rely on each other. I also learned that it is better that China keeps
making the products that we use here even though people here lose their jobs to
the Chinese. It's better if the Chinese keeps making them because we get them
for cheaper. If we didn't buy our goods and products from China then everything
would be a lot more expensive because it would be made here in the United
States. It would be more expensive because the companies that are
selling these good have to pay their works a lot more money than the bosses in
China have to pay theirs. People in China will work for a fraction of what
people here in the US get paid every hour. But then, this is also bad because a
lot of people here in the United States lose their jobs and have to find a new
one even if they are a little older and shouldn't really be looking for one.
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