Monday, May 4, 2015
Kate Brown Ch 12 Q6
The section of this chapter that I found to be the most interesting was the very first section of the chapter. Wheelan discusses how even if a country isn't better at something than every other country they should specialize in what they are the least bad at. I understand this and how the trade market that is created out of this is beneficial all around. Some people do the smaller and easier jobs so that others can do what they are best at such as inventing things. For me this brought up the question of whether or not this makes smaller third world countries stuck in the poverty they are in. Does this encourage them to remain in the cycle of specializing in simple tasks in order to have something to trade? They don't have any of the time that the U.S. has in order to specialize in more technologically advanced fields and therefore have no way of creating a more valuable/unique good.
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