In the global trade battle, you cast a vote every time you open your wallet. The decision? Whether you spend your money on products made in America or overseas.
According to a report on ABC News, the facts show that our nation is addicted to imports. In 1960, foreign goods made up just 8 percent of Americans’ purchases. Today, nearly 60 percent of everything we buy is made overseas.
Consumers regularly tackle the key questions: Is buying American-made more expensive? What staples are no longer manufactured in the U.S. at all? And what difference would it make if everyone promised to buy more American-made products?
There’s no question that manufacturing still has a major impact on our economy and on the nation’s workforce. The United States has fewer manufacturing jobs now than we did in 1941, but if every American spent an extra $3.33 on U.S.-made goods, it would create almost 10,000 new jobs in this country.
You most likely have heard the slogan Buy American. Many labor unions urge Americans to buy products made in the United States, because that helps retain jobs for American workers. On the other hand, some Americans ask why they should buy American products if they cost more or their quality or style is not as good as that of foreign-made products. But as youve seen, it isnt always easy for consumers to know the country of ownership of many products they buy.
According to the Federal Trade Commission, Made in USA means that all or virtually
all the product has been made in America. That is, all significant parts, processing and labor
that go into the product must be of U.S. origin. That is, the product should contain no or negligible foreign content.” This is often difficult for consumers to determine.
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Use the discussion prompts below as a guide to making your initial post.
Discussion Prompts:
- Both the Made in America movement and the increase in Global Business have an effect on managers. What are the primary changes these movements will have on how manager’s do their jobs?
- What skills are important in the age of global business? Why?
- How does globalization affect your life and that of your family and friends? Do you Buy American or don’t care?
- How can you improve your awareness and empathy for diverse groups.
- Should people in the United States demand companies bring back jobs? Explain your answer.
- Overall, are the effects of foreign trade more positive or negative your the country? Explain your answer.
The initial post of 300 words is due before midnight on Thursday. Two (2) 150-word reply posts to classmates that responded to your initial post are due by midnight Sunday. Use the chapter concepts and terminology in all posts to demonstrate knowledge. Each post is required to be unique and add something significant or substantial to the discussion. For that reason, I AGREE type posts are not acceptable submissions. Posts should demonstrate critical thinking. proper spelling, punctuation, grammar and paragraphs are expected. Please refer to the Guidelines for Discussion Forum Posts in the START HERE MODULE or the Syllabus for complete requirements.
Requirements: as it supposed to be
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