Economic Systems

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Category: Business and Industry

Date Submitted: 11/04/2012 05:32 PM

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The United States of America has an economic system built upon the belief that a man should reap what he sows, that a man should be free to make what choices best supports his business. If a the cost effective way for a man to operate his business is to outsource to foreign countries for raw materials and other necessary supplies, no matter what they are for the type of business the man may do, then it is his right as an American citizen to pursue this course. It comes down to whether or not you believe you owe you’re fellow countrymen your services as a consumer, or you feel no such bond due to a label of mutual leadership and continue to make choices that best benefit your company. Undeniably however is the facts that following certain truths, that American Companies remaining loyal to American Suppliers would help to support the American economy. Given that American raw materials and supplies are just as effective as foreign bought supplies, additional circulation in the American economy would allow for increased profits of American Suppliers allowing for more additional disposable income in the working class, which creates more circulation from the working class to the service sector. This would seem to be nothing but good for the American economy, but it is not the American way. You cannot force the orginal American Company to buy from the American Supplier, if that company is buying foreign products its for a reason. It is more cost effective to purchase foreign products or else they would buy American products, no company that is large enough to have an impact on the economy would not buy from American suppliers simply out of spite for the American economy. While the others may benefit from the slight income loss the Company would suffer from being forced to buy American Products would still be a cost to high. The American government cannot put a limitation on an American company, no matter how small or how much it would benefit others. This is where we come...