
Social Psychology (10th Edition)
10th Edition
ISBN: 9780134641287
Author: Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Publisher: Pearson College Div
expand_more
expand_more
format_list_bulleted
Question

Transcribed Image Text:Read the excerpt and then answer the following question.
Coffee from Brazil. Cars from Japan. Wine from France. Certain goods from around the world have become known for their quality. While we want to continually support the
American economy, sometimes what we want is manufactured elsewhere. But that is not a bad thing.
The notion that in order to support our country's economy, we must only produce and buy within it is far from the truth. Take Brazilian coffee, for example. Many people may say
coffee beans from Brazil are much more flavorful, and their harvesting practices produce the best product. While the United States dominates in many other industries, coffee
production is not one of them. So we buy from Brazil. In this way, we invigorate the Brazilian coffee market and allow it to expand.
Outsourcing is similar. When American companies outsource jobs to India, China, Vietnam and other countries, it invigorates the market for American products in those
countries. In countries not as wealthy as America, things like video games, mobile games and other products are not yet in demand. But when outsourced jobs become available
in those industries, the awareness and desire for such products spreads. Hundreds of millions of potential customers are now in the business of working in and purchasing
products within that market. Instead of just being a product in an American market, outsourcing allows it to become part of the global market.
With America at the forefront of creative innovation, creating new jobs and outsourcing them around the world will only continue to invigorate the American economy.
In paragraph form, accomplish the following:
• identify and explain the central idea of the passage
• describe at least one way the author could make the support more effective
• use proper grammar, diction, syntax, and voice
SAVE
AI-Generated Solution
info
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
Unlock instant AI solutions
Tap the button
to generate a solution
to generate a solution
Click the button to generate
a solution
a solution
Knowledge Booster
Similar questions
- The concept of _________ __________ was introduced by economist David Ricardo, and it posits that, because each state differs in its ability to produce specific products, each state should produce and export that which it can produce most efficiently and import goods that other states can produce more efficiently.arrow_forwardWhat forces shaped the culture in the country of UAE and Dubai in particular? How similar or different are these forces from those that shaped the culture of Western nations? What kinds of misunderstanding, if any, are likely to arise between Western-based visitors and people from the UAE during World Expo 2020? If you were in a position to advise a Western company that was considering doing business in UAE for the first time, what would your advice be? Using Dubai as an example, do you believe that cultural similarities among people can outweigh cultural differences that exist in terms of doing business together in the futurearrow_forwardThe United States President decides to raise tariffs on all imports of goods and services from China by 30%. Several studies and analyses have highlighted the costs and benefits of this policy. Which of the following are more likely to be unbiased studies/analyses, and which ones are more likely to be biased? -An article on the New York Times by a Nobel-prize winning economist who serves in the current Administration A peer-reviewed article published on the Scientific Journal "Econometrica" by a Nobel-prize winning economist who serves in the current Administration A working paper (i.e. not yet published) by an Economist which was funded through a research grant from the National Science Foundation to study trade policy A working paper (i.e. not yet published) by an Economist which was funded through a research grants awarded by the a think- tank that supports the ideology of the opposition party A. More likely to be biased B. More likely to be factual/unbiased C. More likely to be…arrow_forward
- Question 10 Which statement describes the effect on the economy of Russia caused by the collapse of the Soviet Union? A B с D Russia had to transition from a command economy to a market economy. The government had to seize control of a market economy. The economy became very strong because of increased trade with foreign nations. Russia's economy became dominated by state-owned business.arrow_forwardYou are speaking with a friend from a country in sub-Saharan Africa and he remarks that, to him, it seems like the Western world is purposefully keeping countries in the global south poor. Regardless of whether or not you agree, what is something from this course that you could tell your friend to look into to further explore this possibility?arrow_forwardThe U.S. economy is strong right now. why?arrow_forward
- In my opinion, I believe that the United States is not an economically just society. The economic structure lacks balance and an even distribution. The United States economy benefits from our struggles. Healthcare is outrageously expensive, and student loans are almost impossible to pay back. There are opportunities nowadays for the wealthy to remain so, and those in poverty struggle to make their way up. Taxes can be legally written off through business entities, making LLC owners prosperous in regard to finances. When you receive your next paycheck, look at the total amount of tax taken from your earnings. It is a ridiculous number, for what we are paying in taxes. Our tax dollars go straight to the government for "roads" and "education". In reality, we have billions of dollars being sent across the world, and our money is practically thrown away. Our economy is currently extremely unjust, and we have to pay to stay alive in the sense of healthcare and highly taxed food. In order to…arrow_forwardBusinesses in Finland sell a wide variety of products with manufacturing, woods, telecommunications, metals, engineering, and electronics being the primary exports. Businesses are free to sell any legal product they want in any manner they desire as long as it does not violate any laws or ordinances. The nation has a very liberal welfare policy with most citizens, even at an early age, receiving monthly pension checks from the government. What type of economic system is employed in Finland?arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Social Psychology (10th Edition)SociologyISBN:9780134641287Author:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. SommersPublisher:Pearson College DivIntroduction to Sociology (Eleventh Edition)SociologyISBN:9780393639407Author:Deborah Carr, Anthony Giddens, Mitchell Duneier, Richard P. AppelbaumPublisher:W. W. Norton & CompanyThe Basics of Social Research (MindTap Course Lis...SociologyISBN:9781305503076Author:Earl R. BabbiePublisher:Cengage Learning
- Criminalistics: An Introduction to Forensic Scien...SociologyISBN:9780134477596Author:Saferstein, RichardPublisher:PEARSONSociology: A Down-to-Earth Approach (13th Edition)SociologyISBN:9780134205571Author:James M. HenslinPublisher:PEARSONSociety: The Basics (14th Edition)SociologyISBN:9780134206325Author:John J. MacionisPublisher:PEARSON

Social Psychology (10th Edition)
Sociology
ISBN:9780134641287
Author:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Publisher:Pearson College Div

Introduction to Sociology (Eleventh Edition)
Sociology
ISBN:9780393639407
Author:Deborah Carr, Anthony Giddens, Mitchell Duneier, Richard P. Appelbaum
Publisher:W. W. Norton & Company

The Basics of Social Research (MindTap Course Lis...
Sociology
ISBN:9781305503076
Author:Earl R. Babbie
Publisher:Cengage Learning

Criminalistics: An Introduction to Forensic Scien...
Sociology
ISBN:9780134477596
Author:Saferstein, Richard
Publisher:PEARSON

Sociology: A Down-to-Earth Approach (13th Edition)
Sociology
ISBN:9780134205571
Author:James M. Henslin
Publisher:PEARSON

Society: The Basics (14th Edition)
Sociology
ISBN:9780134206325
Author:John J. Macionis
Publisher:PEARSON