Question

1. On balance, do you think that the kind of outsourcing undertaken by American health care providers is a good thing or a bad thing for the American economy? Explain your reasoning.

Answer 1

In some respects, outsourcing to China probably keeps company and consumer costs down, which helps very strongly at the growth of the company. As, costs get lower, prices gets lower and not surprisingly, demand increases. As a result, company is earning profit, allowing Apple to spend more money on research and innovations to create more products in the United States. Everyone would probably agree that Apple needs to continue monitoring the working conditions at its Chinese assembly plants to ensure that workers are being treated fairly and not subjected to poor living and working conditions as well as working long hours without additional pay. But, if Apple keep doing so then the economy of America will reach at a very poor state. Chinese workers do deserve proper monitoring and a proper working conditions. But, this is just helping the Chinese economy to grow, not the American economy. America's national economy gets damaged because of outsource to China. American unemployment rate increased, citizens do not spend money, consumptions also decreased. Moreover it's a blockage to the American economy. In short, the kind of outsourcing undertaken by Apple is a bad thing for the American economy. Although they do have some positive points. But those good or positive things are not much enough to keep the American economy at a stable situation.