What is outsourcing? is it good or bad to the economy ?

March 25, 2010 by outsourcing · 7 Comments
Filed under: Economics 
outsourcing
ASD asked:


Pleas give fresh examples : )

All the best
For areas like Detroit and Pittsburgh the Unions drove companies to other countries who did not demand such unusually high wages/protection/benefits. This destroyed local economy in these areas. Bad as demand for jobs went down and w/ that follows lower pay which causes less spending power which causes local businesses to fail.

Possibly Related Posts: