Question

Does Wal-Mart benefit America, lower prices for goods, more than it costs in terms of jobs lost to overseas suppliers?

Answer 1

This is a very complex question as many factors involved in it but Walmart charges very low prices for its goods and this is done by bulk purchasing of units from abroad where the companies are having comparative advantages and as a result of this many of the local suppliers got to be affected with which the jobs are lost but in terms of pricing the consumers are benefited as the net income level increase but with the amount of consumer base Walmart has and only in that segment jobs are lost but household sector in the economy is significant because majority of the country are its consumers and therefore on a long run and large scale Walmart is benefiting America