Does Wal-Mart's Impact On Our Economy
The big debate here is, does Wal-Mart help or hurt our economy? Many people, including me; have their own opinions on the subject of Wal-Mart strengthening or weakening the American economy, they also have good reasons.
Wal-Mart, Americas largest retailer, produces low price goods that Americans like to buy. The company imports most of their goods from china. Buying goods from overseas is good for the buyer but not for the economy because its creating jobs overseas in manufacturing and helping their economy, taking away from the American economy.
Some think that it doesn 't strengthen our economy, because it pays poorly meaning, store employees have little income to contribute back into the economy. Another big reason, again, is that The company imports most of their goods from overseas, creating more jobs elsewhere.
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For the simple reason of growing into the nations largest retailer by supporting low to middle class customers, becoming one of the greatest success stories in U.S history. And in 2005, 5 of every 6 Americans shopped at a Wal-Mart, and nearly 90% of the U.S population lives within 15 miles of A Wal-Mart store. So, if that doesn 't say anything itself, then I 'm not sure what will.
Personally, I believe that Wal-Mart is good for our economy. if you think about it, there are around 5,332 operating Wal-Marts in America. In my own opinion, I’d think that’s creating more jobs rather than losing jobs. Also, bringing in tons of customers, which are spending money thats going back into the economy.
In Conclusion, Wal-Mart is good for American Economy. As The largest retailer in the nation, it pays a very positive role, giving jobs and producing goods, that americans want to and can buy. With out Wal-Mart it may be a whole different
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