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Is Walmart Good for America Essay

  • Submitted by: EmiAnne
  • on September 18, 2012
  • Category: College Admissions
  • Length: 490 words

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Below is an essay on "Is Walmart Good for America" from Anti Essays, your source for research papers, essays, and term paper examples.

As the nation’s, and probably the world’s, largest company, Walmart has revolutionized the way Americans shop. Walmart provides a one-stop shop where you can buy any item needed for the lowest price available. They have become an example to the industry on how to be a successful company. However, in order to obtain and maintain all of this success, Walmart had to change some of America’s business principals, which has not been beneficial for the country in the long run. Walmart’s low prices are a direct result of their outsourcing of jobs, which negatively affects the United States’ economy, even though may seem beneficial. The company also takes away from many smaller, local businesses, because of its lure of lower prices and benefits.
Walmart’s largest principle is that it offers goods at the lowest possible price for their customers. in order to achieve this, not only does Walmart pay its workers low wages, but it also purchases its products from companies that outsource their factories and jobs. Outsourcing refers to sending jobs overseas because it is cheaper to produce the good there instead of in your home state. In countries which offer extremely low minimum wages, possibly as low as 10 cents an hour, companies which outsource can afford to sell their products at a much lower price than what American companies could produce the same good for. This causes many companies to outsource jobs, in order to drive down their prices and attract more customers. Outsourcing is a major problem for the United States, as it causes thousands of American jobs to be lost simply because the cost of American workers is thought to be too high. Even though Walmart offers low prices for their goods, they are harming the United States economy through the unintentional loss of thousands of American jobs.
Not only does Walmart harm the American economy through its outsourcing of jobs, but it also takes away business from the smaller, local markets. Since local markets do not...

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