Buying American-made products

It is also important to consider that money spent on foreign-made items is money leaving our shores never to return (Keeble 2015). This can create significant financial burdens down the line when corporations look abroad for cheaper labor costs because there aren’t enough people employed domestically due low consumer demand from American buyers (Moore 2019). Additionally, countries who produce lower cost versions of certain goods oftentimes lack governmental regulations like minimum wage laws or environmental protection initiatives putting employees at risk of exploitation no matter how ethical a company claims its practices are (Jain 2020). As members of the WCTC community we should be conscious about these potential issues before deciding where our hard earned dollars should go. Moreover, those opposed often state that domestic production results in higher prices for consumers but studies have shown this isn't necessarily true (Gereffi et al., 2006). For instance if a company decides it needs 500 widgets created locally instead of ordering 1 thousand units overseas they must charge slightly more per item since they only need half as many parts manufactured resulting in increased efficiency savings which can then be passed down to buyers via discounts or promotional offers during particular sales periods (Rodriguez 2018); thus while some minimally priced imported components may save individual customers small amounts initially it doesn’t always translate into lower overall costs long term due hidden fees associated with overseas suppliers such as tariffs or shipping charges sometimes not included until after checkout which could greatly increase total price tags unexpectedly depending upon size/weight restrictions placed upon certain orders due transportation limitations across international boundaries The advantages gained from keeping businesses operating inside America's borders far outweigh any short term gains made from shopping outside them when taking into account potential losses incurred over time form decreased job availability coupled with added expenses imposed via external forces beyond anyone's control . In conclusion while there may be some benefits realized from purchasing imported products nothing replaces what supporting homegrown makers provides namely security through maintaining employment stability along with accessible funds used fostering future innovation setting conditions necessary increasing prosperity Americans today tomorrow generations come . Comprised sensible argument sound facts evidence readers WCTC community find convincing appeals values takes alternative viewpoints consideration due all outlined above my opinion strongly favor buying American‐products whenever possible hopefully others agree me do same order promote sustainable economic environment nation whole . References: Cerny P., & Smith H.,(2008) Offshoring Strategies: A Global Perspective , New York : Palgrave MacMillan Gereffi G., Humphrey J., Sturgeon T.(2006), The Governance Of Global Value Chains , Washington Dc: World Bank Publications Jain S.(2020), "Exploitation Of Workers By Multinational Companies", Journal Of Business And Economics Perspectives 2(6):394–401 Keeble D..(2015),"Who Should Pay When Countries Are Bought?" Economic Affairs 35(2):3–11 Moore S.(2019) “Job Loss From Automation To Impact All Industries” Harvard Business Review Rodriguez R.(2018),"Cost Analysis For Manufacturing Components Locally Vs Overseas" Forbes Magazine Thompson B..(2017),"How Research & Development Keeps Companies Competitive" Entrepreneur Magazine

Sample Solution

The debate over whether or not to buy American-made products is a controversial issue, as it impacts many aspects of the economy and society. On one hand, those who support buying American-made products argue that doing so will help create jobs in the United States, keep money within the country’s borders, and provide economic stability for US citizens. On the other hand, opponents argue that buying foreign-made products can benefit consumers by providing them with access to more affordable goods, and benefits producers by giving them access to a global market. Both sides have valid points; however, there are several reasons why I believe buying American-made products should be prioritized above all else. To begin with, purchasing domestically produced items promotes job growth within the United States through increased demand for labor. In addition to this direct impact on employment numbers, domestic production also has an indirect effect on job growth by creating additional opportunities related to product distribution and marketing (Cerny & Smith 2008). This influx of new positions would further stimulate the economy as workers spend their wages on other goods and services within their local area. Furthermore, when individuals purchase domestically made items they are helping ensure that companies remain profitable; this in turn allows organizations to reinvest profits back into research and development projects aimed at innovating new technologies (Thompson 2017). These advancements can then be utilized in various fields such as manufacturing or health care which may lead to improved quality of life standards for US citizens.