Wednesday, November 30, 2011

Why U.S. Companies Aren't So American Anymore

As globalization comes to be really big business to American firms, not only selling products and receiving revenue overseas gained greater portion in their goals, but also hiring cheaper labor force in foreign countries. The exporting of manufacturing or assembling process even more reduce the demand of domestic blue-collar workers. On the other hand, the world market provided much larger pool of fortune to the 'multinationals' shareholders. Not surprisingly, the divergent trend of income distribution would be fueled nothing more than globalization.


http://money.usnews.com/money/blogs/flowchart/2011/06/30/why-us-companies-arent-so-american-anymore

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