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Outsourcing Becomes a Major Threat Toward To The U Essay

  • Submitted by: LynnZheng
  • on December 5, 2011
  • Category: Social Issues
  • Length: 997 words

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Below is an essay on "Outsourcing Becomes a Major Threat Toward To The U" from Anti Essays, your source for research papers, essays, and term paper examples.

Throughout the centuries, many technologies have been invented that have brought industries and manufactures to the world which creates jobs for everyone.   As the world changes, more and more companies are producing a variety of goods and occupations to fulfill the needs for people. The economies of the different countries have grown rapidly especially in the developed countries; however, many developed countries, such as the United States of America, are migrating their companies to other developing countries in order to reduce the labor cost in the financial market. The outsourcing in other countries has giving many benefits to the U.S. economy in the short run as well as in the long run. Should America continue outsourcing because of the attractive and competitive benefit that gives to the U.S. economy?   Outsourcing has caused a greater threat to the U.S. than terrorism because the unemployment rate, consumer demand, and the quality risk.
Outsourcing is one of the major finance to our economy, but the increase of outsourcing has caused the unemployment rate in the U.S. to rise tremendously throughout the centuries. As economic of today, the United States is in a recession period which have led the unemployment rate to increase; moreover, it causes the gross domestic product, the measure of the total economic outputs of the country, is decreasing. Outsourcing has become political issues that have led the United States in to a deeper recession; however, other countries’ is receiving benefit from the outsourcing which help to raise their economies. The recession has caused the United States to raise their national debts and increasing the taxes in its own country to help reduce the financial crisis that they are having. In the book Outsourcing America:
Wages in developing countries such as India and China are 10 to 20% of comparable U.S. workers, and there is a nearly endless supply of educated underemployed workers in those countries. And it is much cheaper...

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